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BancNet introduced the BancNet Rewards Points program on August 15, 2009, the first points-based rewards system exclusively for debit purchases in the country. Every Php 25 in spend using an ATM debit or prepaid card of a member bank earned the cardholder 1 point. 2,000 points were needed to redeem the cash rebate of Php 100.
The product allows real-time, online transfer of money among the members of BancNet using either the payment gateway, the ATM or a cardholder's cellular phone. A partnership with Globe Telecom , the second largest telecoms company in the Philippines, in 2006 allowed BancNet to expand ATM-like functions to the mobile phones of cardholders.
Three Filipinos served as BIR Collectors under the American regime: Wenceslao Trinidad (1918–1922); Juan Posadas Jr. (1922–1934); and Alfredo L. Yatco (1934–1938). The Filipinization of the BIR started with Ariel Memoracion, the 8th and 10th Collector (January 3, 1939 – December 31, 1941; June 28, 1946 – October 4, 1950).
Paying the bills requires good timing for deposits to come in — and payments to go out. The amount of time for a payment to post to your account varies by the financial institution.
PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
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Pakistan Post was established following its independence from Britain under the modified Post Office Act VI, 1898 [5] and became operation on 14 August 1947. Pakistan Post fell under the Department of Posts and Telegraph in the Ministry of Communications. The Office of the Postmaster General was established in Lahore. [5]
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