Encash Network Service

Encash Network Services, or ENS, is an independent switch network in the Philippines . It initially connected the ATMs of four rural banks. In its 30 months of operation as of May 2010, this network eventually expanded to more than 101 ATMs, targeting all rural banks and cooperatives. ENS is a member of MegaLink, which is interconnected with the other Philippine interbank networks, i.e. BancNet and Expressnet.

ENS was expected to provide a low-cost solution for banks and cooperatives who wish to implement ATM services compliant with global standards but cannot afford the costs[1] of connecting to the three main networks.

ENS operates a switch-in-front architecture, connected to appropriate transaction authorization entities. These were to include Member Bank CA/SA systems, electronic money/wallet systems, and Visa or Mastercard. The switch network is geared toward accepting transactions using other front-end devices, e.g., POS. Thus, ENS presents both rural and commercial bank ATM cardholders with more access to ATMs.

On June 8, 2010, ATM withdrawals for the year reached one million, while ENCASH ATMs dispensed more than Php 3 Billion.

ENS launched the ATM portion of its interbank network on November 16, 2007.

## See also

* BancNet
* MegaLink
* Expressnet
* Nationlink
* ATM usage fees

## References

1. ↑ Domingo, Ronnel W. (May 22, 2006). "ATM service provider taps rural areas" (in en). Philippine Daily Inquirer. https://books.google.com/books?id=oFc1AAAAIBAJ&pg=PA50.

## External links

* Encash Network Services website
* Philippine Daily Inquirer article on the launch of the Encash Network Service

Philippine interbank networks

BancNet | ENS | Nationlink
Defunct: Expressnet | MegaLink |

* v
* t
* e

Interbank networks by region

Worldwide|

* Cirrus
* Plus

Africa|

* 123
* Multicaixa

Asia|

* 1LINK
* ALTO
* atm5
* ATM Bersama
* BancNet
* Banks ATM Network and Customer Services
* Cashnet
* CashTree
* Clearing House Automated Transfer System (CHATS)
* Dutch Bangla Bank Nexus
* Encash Network Service
* Electronic Payment Services (EPS)
* EZ-Link
* Faster Payment System (FPS)
* Isracard
* JETCO
* LankaPay
* Link
* MEPS
* MEPS+
* MITR ATM Sharing Network
* MNET
* MyClear
* National Financial Switch
* Nationlink
* NETS
* PRIMA/ATM BCA
* RuPay
* Saudi Payments Network
* Shetab Banking System
* SLIPS
* The Benefit Company
* Treats/ATM BNI
* UnionPay
* Yucho

Europe|

* 4B
* Allied Irish Banks Banklink
* Bancomat
* Eufiserv
* Euro 6000
* Euronet Worldwide
* Girocard
* Bankcard-Servicenetz
* Cash Group
* CashPool
* Groupement des Cartes Bancaires CB
* LINK
* Multibanco
* Otto.
* Sbercard
* Servired
* Single Euro Payments Area
* Vocalink
* Zolotaya Korona

North America|

* Abby
* Accel/The Exchange
* Acculink
* Alberta Regional Network
* Allpoint
* Armed Forces Financial Network
* ATH
* CarIFS
* CO-OP Financial Services
* Discover Network
* Pulse
* TYME
* FIS's
* NYCE
* SUM
* Interac
* Interlink
* Jeanie
* MoneyPass
* Presto!
* SHAZAM
* STAR
* Alert
* BankMate
* Cactus
* Cash Station
* Explore
* Honor
* Money Access Center
* Via
* MOST

Oceania|

* EFTPOS

South America|

* Banco 24 Horas
* Banelco
* A Toda Hora
* Banred
* GlobalNet
* Redbanc
* Suiche7B

* Book
* Category

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Encash Network Service. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Encash_Network_Service&oldid=2708594"
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template