BancNet, Inc. is the Philippines' single national interbank ATM and electronic payments switch and the BSP-designated clearing switch operator for InstaPay, the country's real-time fund-transfer system. It connects more than 100 member banks and institutions across ATM, POS and online channels, and is the exclusive Philippine gateway for China UnionPay. In June 2026 it merged with the Philippine Clearing House Corporation to form Payments Network of the Philippines, Inc. (PNPI), retaining the BancNet brand for its switch operations.
Stage
Private
Parent organisation: Payments Network of the Philippines, Inc. (PNPI)
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