Accepng E-Commerce Payments Online with BancNet

Janee Toral DigitalFilipino.com Disclaimer

• All text and images used in this presentaon material were lied from the various Internet Payment Service Provider (IPSP) websites. • Sources are acknowledged for proper reference and reader verificaon. • It is meant for educaonal purposes only. No copyright infringement is intended. • An IPSP who wants to be removed or would like to give updated informaon can email Janee Toral at digitalfi[email protected] (Message her on Facebook once sent at hp://facebook.com/digitalfilipino) BancNet BancNet Online Shopping Member Banks • Allied Bank • PBCom • Allied Savings Bank • Philippine Business Bank • Asia United Bank • Philippine Naonal Bank • Bank of Commerce • Philtrust Postal Bank • China Bank • PSBank • Chinatrust Bank • QCRB • Citystate Savings Bank • RCBC • Eastwest Bank • RCBC Savings • Equicom Savings • Robinsons Savings Bank • Green Bank of Caraga • Security Bank • Malayan Bank • Standard Chartered Bank • Maybank Philippines • Sterling Bank • Metrobank • TongYang Bank hps://www.bancnetonline.com/BancnetWeb/goToOnlineShoppingPage.do BancNet Internet Payment Gateway

hps://www.bancnetonline.com/ BancnetWeb/ goToOnlineShoppingMerchantPage.do BancNet requirements for accreditaon • DOCUMENTARY REQUIREMENTS: – Properly signed-up Merchant Info Sheet. – Signed and notarized Memorandum of Agreement. – Corporaon: • copy of SEC Registraon and BIR Form 1901 or Audited Financial Statement (first 5 pages) – Single Proprietor: • BIR Form 1901 and Mayor's Permit hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do BancNet Criteria for Accreditaon

• CRITERIA: – Merchant must show gross sales of PHP250,000/ month (cash/ card sales) Merchant should be willing to pay the commission or merchant discount rate. • Risk criteria – High Risk Business Model: • BancNet will not allow connecng to the BancNetOnline Internet Payment Gateway. – Medium Risk Business Model: • BancNet will review the specific business model and potenal threats on a case to case basis and will require compensang controls to become acceptable for connecon to the BancNet Online Payment Gateway. – Low Risk Business Model: • BancNet will allow for interconnecon with the BancNetOnline Internet Payment Gateway.

hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do BancNet Risk Criteria

• Idenficaon of e-merchant / sub-merchant • Idenficaon of customer • Secured fulfillment / delivery • Financial

hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do BancNet Risk Criteria

Risk groups High risk Medium risk Low risk Idenficaon of Unclear business Clear company Exisng and stable Merchant/ model. Allows for documentaon Business Model Sub-Merchant transfer to other (Bills/Invoice negoable Presentment). instruments. No No sub-merchant/ clear company company. registraon and idenficaon process. Idenficaon of Anonymous & Non-repudiaon Non-repudiaon Customer Electronic only (i.e. physical (i.e. physical registraon & registraon & documentaon) documentaon)

hps://www.bancnetonline.com/BancnetWeb/pages/PDF/EMerchantInfoPage.jsp BancNet Risk Criteria

Risk groups High risk Medium risk Low risk Fulfillment / Electronic Electronic Physical Delivery Fulfillment, Fulfillment, Fulfillment / Instantaneous and Non-Instantaneous Reversible Irreversible transacon transacon Financial Incomplete Start-up company Top 5000 Philippine Financial or Corporaons / Corporate Company. Financial documents OR documents Company Financials support healthy indicate liquidity or financial liquidity stability and stability concerns Example Mobile phone Prepaid Internet B2B companies, airme loads Access, Schools, Ulies, Aucon sites Club Memberships hps://www.bancnetonline.com/BancnetWeb/pages/PDF/EMerchantInfoPage.jsp Prohibited goods and services

• Anything illegal under exisng laws and Philippines Constuon. • Infringes on any patent, trademark, trade secret, copyright, or other proprietary right of any party, including, but not limited to, the unauthorized copying and posng of trademarks, pictures, logos, soware, arcles, musical works and videos; • Offers fraudulent goods, services, schemes, or promoons that promises and promotes get-rich-quick schemes through chain leers, pyramid or ponzi schemes, matrix programs, and certain mul-level markeng programs; hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do BancNet Goods / Services subject to review / pre-approval • Electronic wallets (i.e., “e-wallets”) or any similar payment type; • Gambling or loery type services such as online or offline casino games, sports beng, horse or greyhound racing, loery ckets, games of skill, and other services that facilitate gambling; • Donaon collecons for charity and non-profit organizaon; • Sale of stored value cards for telecommunicaons (i.e. Internaonal Call cards, Call & SMS cards, ISP Internet cards, etc.) and online gaming purposes; and • Direct Markeng and Mul-level markeng products and services hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do References

• hps://www.bancnetonline.com/ BancnetWeb/pages/PDF/ EMerchantInfoPage.jsp • hps://www.bancnetonline.com/ BancnetWeb/goToOnlineShoppingPage.do • hps://www.bancnetonline.com/ BancnetWeb/ goToRequirementsForAccreditaonOnlinePag e.do