regional Makati, Philippines
BancNet
BancNet is the Philippines' interbank payment network, operating since July 17, 1990. It runs the country's ATM switch, POS network, Internet Payment Gateway and — under the National Retail Payment System — is the Clearing Switch Operator for InstaPay, the national real-time electronic fund transfer service. As of 2025 it interconnects 103 member institutions, ~29,000 ATMs and 670,000+ POS terminals.
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Fees from
Per-transaction
Settlement
Instant
Coverage
1 country
Payment methods
4
Dev tools
Sandbox Webhooks
Fees shown are indicative, not a binding quote. Always verify directly with BancNet before signing.
Best for
Philippine interbank ATM, POS and real-time payment network (InstaPay)
Key features
Enterprise
Instant Payments
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