LifestyleMore government agencies turn to cashless payments

More government agencies turn to cashless payments

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Through digital payment methods, Filipinos are able to continue performing their civic duties and do government transactions safely because it reduces cash handling and interface with other people in physical locations, which can contribute to the spread of the virus causing COVID-19.

On the government’s side, offering cashless payments on their online and physical touchpoints allow for more efficient operations and greater transparency in transactions, aside from being able to reach more constituents here and abroad.

Paying taxes, remitting pension dues, and applying for business registration can now be done safely and conveniently as digital financial services leader PayMaya enables more government partners with cashless payment options.

PayMaya announced that in addition to the more than 50 government agencies and local government units that are already accepting card and e-Wallet payments for various transactions, it has added the Land Transportation Office (LTO), the Securities and Exchange Commission (SEC), the City of Taguig, the Intellectual Property Office of the Philippines (IPOPHL), and the Optical Media Board (OMB) to its growing roster of government partners that will be accepting cashless payments.

Other agencies include the Bureau of Internal Revenue (BIR), the Social Security System (SSS), the PAG-IBIG Fund, the Bureau of Customs (BOC), the Department of Foreign Affairs (DFA), the Department of Trade and Industry (DTI), the Professional Regulation Commission (PRC), and the National Home Mortgage Finance Corporation (NHMFC), City of Valenzuela, Ormoc City, and Parañaque City, among many others.

During a virtual press conference, various government agencies shared how going digital has helped their operations during the current public health crisis.

Through PayMaya’s end-to-end digital payment platform, various government agencies and local govern

ents can now offer more convenient payment options to Filipinos, allowing for continuous delivery of critical services to the public and heightened efficiency and transparency of its operations.

In June, PayMaya reported a 900% year-on-year increase on payments to government as it onboarded more agency and LGU partners and actively encouraged the use of cashless payments for paying government fees.

Getting PayMaya for safe, convenient, and rewarding payment of government fees especially during quarantine is easy. Simply download the PayMaya app for Android or iOS at https://official.paymaya.com/CAK1/425eb133 and register an account.

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