Encash Network Service

Encash Network Services, or ENS, is an interbank network that connects the ATMs of four rural banks in the Philippines, eventually aiming to expand to include all rural banks in the Philippines. Its main competitor is Nationlink, which caters to the same clientele. ENS is currently a member of MegaLink that has interconnection with other Philippine main interbank networks such as BancNet and Expressnet.

ENS is expected to provide a low-cost solution for banks who wish to utilize ATMs but cannot afford the costs of connecting to any of the three main networks. It could also be the first interbank network in the Philippines to fully adopt EMV technology on all its ATM cards, although the regular magnetic stripe cards are also an option for the network.

ENS will operate a switch-in-front architecture, connected to appropriate transaction authorization entities. These will include Member Bank CA/SA systems, Smart Money/Smart Padala systems, VISA or Mastercard when available, POS or any other applicable setup. ENS ATMs will be stationed more appropriately at points where commercial banks have minimal presence. Thus, ENS present both rural and commercial bank ATM cardholders with the convenience of having more access to ATMs in more locations all over the country.

ENS launched the ATM portion of its interbank network on November 16, 2007 and plans to implement an EFTPOS network as well.


The following banks are members of ENS:

Banco San Juan, although slated to be a launch partner of the network, pulled out for undisclosed reasons. However, the following banks are also slated to serve as launch partners of the network:

Chinatrust Commercial Bank and Export and Industry Bank, both members of BancNet, are also slated to be ENS ATM deployers, but not necessarily be members of the network.

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