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BancNet profit jumps in 2022

Electronic banking consortium BancNet Inc. sees the sustained uptrend in digital and ATM transactions as the economy continues to recover from the impact of the COVID-19 pandemic. ....

Elmarie Reyes , Fabian Dee , Bancnet Inc , Bank Trust Co , Ty Led Metropolitan Bank ,

InstaPay transactions hit P5.5 trillion in 7 months

Real-time electronic fund transfers via InstaPay reached P5.49 trillion in the first seven months of the year despite the further easing of COVID-19 lockdown and mobility restrictions. ....

Elmarie Reyes , Covid 19 ,

InstaPay, Mastercard offer public new options

INSTAPAY and Mastercard announced an enhancement to their services on Monday, allowing fund transfers via QR code, mobile number or email address on digital platforms.  In a statement, InstaPay and Mastercard said the new options are expected to make it easier for more consumers to access the digital economy for… ....

Elmarie Reyes , Simon Calasanz , Bianca Cuaresma , Country Manager ,

InstaPay money transfers hit record 1.88 million transactions on Dec. 15

Real-time interbank money transfer service, InstaPay, recorded its highest single-day volume of 1.88 million transactions on December 15, 2021. December 15 is the last payday before Christmas and when some employees also receive their 13th month pay or Christmas bonus. ....

Elmarie Reyes , Bangko Sentral , Pilipina National Retail Payments System , Point Of Sale ,