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Nationlink is an interbank network and EFTPOS network in the Philippines. Unlike the main existing interbank networks, which are BancNet, ENS, Expressnet and MegaLink, Nationlink is not expected to compete with those networks. Instead, it seeks to complement those networks by extending the reach of ATMs in the countryside, as the main networks are largely concentrated in urban areas. Its closest competitor is the Encash Network Service.
Nationlink's members consist mostly of overseas Filipino worker (OFW) market, since many OFWs and their dependents hail from the provinces. It also intends provide services previously unavailable in more remote areas of the Philippines, such as real-time remittance transfers and electronic bank account access.
The network is also the first Philippine interbank network to depend largely on wireless communications, relying on a new product called Shops Work Unplugged (SWUP), a product offered by the Philippine Long Distance Telephone Company (PLDT). Nationlink ATMs have built-in wireless modems which communicate with the PLDT landline telephone network wirelessly. Through SWUP, the network can install ATMs almost anywhere.
The network debuted in BancNet so Nationliink costumers can enjoy withdrawals in BancNet ATM's the first in the country
Member Institutions:
Manila, Metro Manila, Indonesia, Australia, Malaysia
Philippines, Africa, Asia, Interbank network, Globe Telecom
Philippines, Hsbc, MegaLink, BancNet, Africa
Philippines, Somalia, Middle East, Telecommunications, Nationlink (interbank network)
MegaLink, BancNet, Expressnet, Visa, Mastercard