Market coverage 1
["Philippines"]
Philippines
Philippines
Currencies 1
Philippines Peso
Description
BancNet is a popular electronic payment system in the Philippines. It is an interbank network that allows customers of participating banks to carry out various financial transactions, including online payments.
BancNet enables users to make online payments or through automated teller machines (ATMs) using debit or credit cards affiliated with participating banks. Users can make payments to online merchants or pay bills, utility fees, airline tickets, and more.