Online Banking
A payment network and bank in the Philippines.
What is Online Banking?
BancNet is an electronic payments network and bank in the Philippines. The BancNet payment method allows customers to checkout on a merchant website and redirect to log into their bank to authorize a purchase. BancNet also has a wide range of services it provides to customers, including ATM services, bill pay and funds transfer.
User Experience
When a customer wants to make a payment online, they will select BancNet Online Banking, select Place Your Order, and is redirected to follow the steps to validate the payment source and confirm the final details.
Checkout with BancNet Online Banking > Select Place Your Order.
Redirect to the online banking payment portal to select your source of payment.
Receive payment instructions via email > click link.
Follow the instructions to log in, and validate your bank transfer.
Select Confirm to finalize your payment.
The confirmation page appears.
Online Banking Details
Details | Description |
|---|---|
Payment Method Category | Bank Redirect |
Payment Request String | PMT = ph_bancnet_bank PMT Name = BancNet Online Banking |
Country | Philippines |
Presentment Currency | PHP |
Refunds/Reversal: | N/A |
Recurring Payments: | N/A |
Disputes/Chargebacks: | N/A |
Transaction Limits: | 50,000 PHP per transaction |
Settlement Timeframe: | 2-3 days |
Rapyd Guide: |