Source: https://fintech.ph/listing/bancnet

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# BancNet

[Fintech Infrastructure](https://fintech.ph/category/fintech-infrastructure) [Payments](https://fintech.ph/category/payments)

[Visit website](https://www.bancnet.com.ph/)

- **Founded**: 1990
- **Headquarters**: Makati City, Metro Manila
- **Stage**: Private
- **Licences**: 1. BSP

## Overview

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.

### Products

- National ATM switch
- InstaPay clearing
- China UnionPay gateway

### Serves

Banks Payment providers

## Funding and ownership

Stage

Private

Parent organisation: Payments Network of the Philippines, Inc. (PNPI)

## People

- Nestor V. Tan Chairman (Payments Network of the Philippines, 2026–2027 term)
- Fabian S. Dee President (Payments Network of the Philippines, 2026–2027 term)
- Elmarie S. Reyes CEO (BancNet, 2025–2026 term)

## Licences and certifications

- BSP-designated Clearing Switch Operator (InstaPay)

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## Contact and links

[bancnet.com.ph](https://www.bancnet.com.ph/)

- [linkedin](https://www.linkedin.com/company/bancnet-inc.)

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From fintech.ph, an independent directory of fintech companies in the Philippines, as of October 27, 2026. Please link to https://fintech.ph/listing/bancnet when citing this page.