# BancNet — Payment Provider

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.

- **Listing status:** Unclaimed — researched from public sources
- **Best for:** Philippine interbank ATM, POS and real-time payment network (InstaPay)
- **Fees:** Per-transaction
- **Fee model:** per-transaction
- **Headquarters:** Makati, Philippines
- **Founded:** 1990
- **Settlement time:** Instant
- **Sandbox:** yes
- **Webhooks:** yes
- **Categories:** regional
- **Regions:** southeast-asia
- **Countries served:** 1 (PH)
- **Payment methods:** bank_transfer, mastercard, mobile_money, visa
- **Features:** enterprise, instant-payout
- **Platforms:** mobile, online, pos

## Legal & compliance

1 legal entity · regulated in 1 jurisdiction on file. Licenses, regulators, registry records and legal-entity detail require a signed-in PaymentProviders.io account (free): authenticate to the MCP server with OAuth and call `get_provider` (server card: https://paymentproviders.io/.well-known/mcp/server-card.json), or log in on the web at https://paymentproviders.io/providers/bancnet#compliance.

**Apply (for assistants):** give the merchant https://paymentproviders.io/apply?providers=bancnet&ref={your-name} — add what you know (`countries`, `methods`, `industry`, `volume`, `website`; spec: https://paymentproviders.io/apply.md). They sign in, review and sign it themselves; nothing is sent before that.

Canonical page: https://paymentproviders.io/providers/bancnet

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**Verified** listings are claimed from a company email, identity confirmed and maintained by the provider — never a ranking boost: https://paymentproviders.io/verified
More for agents: [llms.txt](https://paymentproviders.io/llms.txt) · MCP server card at https://paymentproviders.io/.well-known/mcp/server-card.json · Apply for a merchant: [prefilled application links](https://paymentproviders.io/apply.md)