BancNet

Through this alliance, JCB cardholders can make cash advances at participating BancNet member ATMs nationwide.

Bancnet interconnects with international card networks Diners Club, Discover, KFTC, Mastercard, and Visa.

[1] With this and having no more competition, BancNet has become the Philippines' single ATM switch and major cashless transactions and payments network operator.

In 1997, BancNet started offering website hosting, email and surfing services to member banks at affordable rates.

The product allows real-time, online transfer of money among the members of BancNet using either the payment gateway, the ATM or a cardholder's cellular phone.

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