February 25, 2018 7:24 AM ET

Consumer Finance

Company Overview of BancNet, Inc.

Company Overview

BancNet, Inc. operates as an automated teller machine consortium. It operates an electronic network for the delivery of financial and related services for member institutions, affiliates, and customers in the Philippines and internationally. The company provides a range of services, such as balance inquiry, checkbook re-order, statement request, interbank fund transfer, payment of bills, prepaid phone and Internet reloading, payment of purchases by direct debit to account, and remittance of taxes; and Philhealth and social security system contribution and loan repayments. It also provides services, which include Internet banking, bills payment, mobile banking, cashless shopping, online shopp...

19th Floor

Equitable Tower

8751 Paseo de Roxas

Makati City,  1226


Founded in 1990


63 2 856 8100

Key Executives for BancNet, Inc.

President and Director
Age: 65
Chief Operating Officer, General Manager and Director
Treasurer and Director
Age: 78
Corporate Secretary and Director
Compensation as of Fiscal Year 2017.

BancNet, Inc. Key Developments

Malayan Bank Offers POS Retail Services with BancNet

Malayan Bank has inked a new business agreement with BancNet to offer the BancNet POS Payment System to Malayan Bank's clients. With BancNet as a partner, Malayan Bank's clients will now have access to POS terminals, where more than 33 Million ATM cardholders across the country's 3 major ATM networks (BancNet, Expressnet, Megalink) can make payments. ATM cardholders no longer need to search for an ATM to withdraw cash.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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