View source for Encash Network Service

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{{Use Philippine English|date=October 2022}}
'''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<ref>{{cite news |last1=Domingo |first1=Ronnel W. |title=ATM service provider taps rural areas |url=https://books.google.com/books?id=oFc1AAAAIBAJ&pg=PA50 |access-date=February 17, 2022 |publisher=Philippine Daily Inquirer |date=May 22, 2006 |language=en}}</ref> 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 Inc.|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 (interbank network)|Nationlink]]
*[[ATM usage fees]]

==References==
{{reflist}}

==External links==
*[http://www.encash-ph.com Encash Network Services website]
*[http://news.inq7.net/infotech/index.php?index=1&story_id=75998 Philippine Daily Inquirer article on the launch of the Encash Network Service]

{{Philippine interbank networks}}

{{Interbank networks}}
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[[Category:Interbank networks]]
[[Category:Financial services companies of the Philippines]]
[[Category:Companies based in Makati]]