Bangko Sentral ng Pilipinas pushes key BancNet role in national payment system
August 10, 2015 - 10:00am
The Bangko Sentral ng Pilipinas (BSP) wants BancNet to play a key role in the formation of the National Retail Payment System (NRPS).
Banking
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ATM cardholders in Philippines now stand at 78 million
By Carlo S. Lorenciana | August 9, 2015 - 10:00am
The automated teller machine cardholder base in the Philippines stood at 78 million as of March this year, said the Bangko Sentral ng Pilipinas.
Freeman Cebu Business
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Tetangco backs electronic retail payments
By Lawrence Agcaoili | August 3, 2015 - 10:00am
The Bangko Sentral ng Pilipinas (BSP) is urging banks and financial institutions to support the establishment of an electronic retail payments system to generate savings and at the same time expand the reach of financial...
Business
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EMV compliance
March 30, 2015 - 10:00am
Visa International and BancNet have signed a memorandum of agreement to help the nation’s largest interbank network accelerate migration to EMV chip cards, as mandated by Bangko Sentral ng Pilipinas (BSP)...
Banking
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BancNet compliant with data security standards
March 17, 2015 - 12:00am
BancNet, the country’s largest multi-channel electronic payments network, has been certified as compliant with the Payment Card Industry Data Security Standard (PCI DSS), a global data security standard. ...
Banking
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Two major ATM networks to merge this year – CBC
By Carlo S. Lorenciana | March 12, 2015 - 12:00am
The consolidation of the country’s two major automated teller machine networks will soon be realized in about a year’s time.
Freeman Cebu Business
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Maybank offers mobile app
March 10, 2015 - 12:00am
Maybank Philippines Inc. has launched the Maybank2U (M2U) mobile banking app, which enables clients to perform different banking transactions with a tap on their mobile phones.
Banking
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BancNet, MegaLink merger marks ‘new beginning’ in e-payments
By Ted P. Torres | February 3, 2015 - 12:00am
The merger of BancNet and MegaLink last week has transformed the automated teller machine (ATM) switching operations to one entity (Bancnet), but Bangko Sentral ng Pilipinas (BSP) Gov. Amando Tetangco Jr. called...
Banking
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BancNet expects 3-M ATM transactions before Christmas
By Ted P. Torres | December 15, 2014 - 12:00am
BancNet is expecting cash withdrawals from its automated teller machines (ATMs) to hit three million transactions toward the weekend before Christmas.
Business
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“Cashless payments” for BI transactions
By Mitchelle L. Palaubsanon | July 24, 2014 - 12:00am
The Bureau of Immigration-District-7 is now implementing “cashless payments” for various fees that is made through an automated teller machine or a prepaid card.
Cebu News
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