BancNet was the first and is now, the largest Automated Teller Machine Consortium (ATM) in the Philippines. It was also the first multi-bank, multi-channel electronic payment network in the country. As a multi-channel payment gateway, BancNet enables its customers to transact, not only at any ATM anywhere, anytime, but also at point-of-sale (P.O.S.), the Internet or through mobile phones. Aside from the traditional cash withdrawal service at the ATM, BancNet provides a wide range of services through the different channels, such as balance inquiry, checkbook re-order, statement request, interbank fund transfer, payment of bills, prepaid phone and Internet reloading, payment of purchases by direct debit to account, and remittance of taxes, Philhealth and Social Security System contribution and loan repayments. Through interconnection with the other ATM consortia in the country- Expressnet and Megalink, and international ATM and P.O.S. networks Diners Club, Discover Card, JCB, MasterCard, Union Pay and VISA. BancNet provides cardholders not only the widest nationwide access to their accounts but worldwide convenience as well.