Use PayMaya to pay government transactions

Facebooktwitterredditpinterestlinkedinmailby feather

 

‘Digital Government’ now a reality using PayMaya’s cashless platform

The COVID-19 pandemic has accelerated the Philippine government’s digital transformation, with PayMaya leading the charge in enabling national agencies and local government units (LGUs) to accept all kinds of cashless payments and disburse financial aid anytime, anywhere.

Over 60 government agencies and units at both national and local levels – including the Bureau of Internal Revenue (BIR), Social Security System (SSS), Home Development Mutual Fund or Pag-IBIG, Department of Trade and Industry (DTI), Securities and Exchange Commission (SEC), Land Transportation Office (LTO), Bureau of Customs (BoC), and the Department of Foreign Affairs (DFA) – have chosen PayMaya’s platform to provide citizens and businesses with a safer and better way to pay for taxes and fees.

As the public sector goes cashless, total volume in terms of value for government transactions processed by PayMaya was estimated to have increased by 1,200% in December 2020 compared to the same period in 2019.

With PayMaya enabling cashless acceptance for the government, Filipinos can enjoy a more inclusive way to pay via any credit, debit, prepaid card, or PayMaya QR — whether through physical locations or online. Aside from convenience, those who choose to pay via PayMaya’s platforms also get to enjoy more rewards such as cashback each time they pay for government transactions.

The government also has tapped PayMaya to deliver financial aid to millions of affected Filipinos who lack a bank account. To date, the digital financial services leader was able to distribute over P4.5 billion in assistance from the Department of Social Welfare and Development (DSWD), SSS, DTI, Department of Agriculture (DA), and Land Transportation Franchising and Regulatory Board (LTFRB), among other agencies, directly to the PayMaya accounts of beneficiaries.

“The government has not only made public services more conveniently and safely available in this challenging time but it has also undeniably supercharged the engine for financial inclusion. At PayMaya, we are happy and proud to be one of the main partners of the government for this transformation,” said Orlando B. Vea, CEO and Founder at PayMaya.

 

Digital government pivot

With the COVID-19 pandemic affecting everyday life, the government has turned to digital payments to process revenue collections and distribute much-needed assistance safely and conveniently. This has been supported by landmark policies that have made cashless payments a necessary feature under the New Normal.

PayMaya has deployed its plug and play solutions such as PayMaya Checkout, One by PayMaya, and PayMaya QR to the government’s tax agencies such as the BIR and BoC; biggest state enterprises including the SSS and Pag-IBIG; and other revenue-generating agencies such as the Professional Regulation Commission (PRC), DTI, DFA, and Tourism Infrastructure and Enterprise Zone Authority (TIEZA), among other agencies.

 

 

PayMaya also became the government’s disbursement channel for Social Amelioration Program, Small Business Wage Subsidy, and LTFRB’s assistance to affected drivers, among other programs.

Meanwhile, constituents of the cities of Batangas, Davao, Manila, Marikina, Paranaque, Ormoc, Taguig, and Valenzuela can now pay their local governments via card or QR through PayMaya’s cashless facilities. Various provinces, cities, and municipalities are utilizing PayMaya’s disbursement platform for their citizen assistance programs. These include Bataan Province, Caloocan City, Manila City, Mandaluyong City, Pasig City, Tarlac, and Quezon City.

PayMaya has actively worked with the DTI, Department of Interior and Local Government (DILG), Bangko Sentral ng Pilipinas (BSP), the Anti-Red Tape Authority (ARTA), the Bureau of Treasury (BoT), the Philippine Statistics Authority (PSA), and SEC in promoting various cashless initiatives in line with Ease of Doing Business and the transparency thrust of the government.

 

Migo V.

Digital Editor & Marketer | Single & Hopeless Romantic | Loves the 90s Pop music and any chicken recipe #TeamCap

Leave a Reply

Your email address will not be published. Required fields are marked *