University of the Philippines (UP) in Diliman and Manila recently partnered with BancNet to enable payment of tuition and other school fees direct from the student’s or payor’s bank account using his ATM card. The payor simply swipes his ATM card on the payment terminal at the university cashier’s counter. He does not have to withdraw cash from an ATM. This payment facility eliminates the need to carry big amounts of cash which can be risky. The machine issues a transaction slip in addition to the cashier’s official receipt.
Aside from being easy and safe, this service is also free of charge.
Other tuition fees that can be paid by direct debit from an ATM account with a BancNet member bank are those of: Ateneo de Manila,De La Salle Greenhills, De La Salle S. Zobel, Don Bosco Technology Center – Cebu, Mirriam College, Maranatha Christian Academy of Imus, University of the East and University of San Jose – Recoletos. These are payable online at www.bancnetonline.com.
Tuition fees of Mapua Technical University are payable at the Mapua website.
BancNet is the country’s largest electronic payment network with 113 member banks and affiliates.
