Over 50 government agencies and LGUs now accept PayMaya cashless payments.
You can now use PayMaya for majority of government transactions like paying taxes, remitting pension dues or applying for business registration online. PayMaya offers a safe and convenient platform to its users to pay government services and transactions amid the pandemic.
Goverment Agencies, LGUs turn to PayMaya for cashless paymentsThe digital financial services leader in the country lists more government agencies that offer cashless payment options. PayMaya 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.
These are on top of the more than 50 government agencies and local government units (LGUs) that are already accepting card and e-Wallet payments for various transactions, such as 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.
Through PayMaya's end-to-end digital payment platform, various government agencies and local governments 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.
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“By going digital and offering cashless payment options, the government is helping address our two most pressing issues today: ensuring the safety of all citizens and helping in the recovery of the economy. We at PayMaya are always excited to partner with agencies and LGUs to offer our solutions to enable them to offer better and more transparent services to the public,” said Orlando Vea, Founder and CEO of PayMaya.
PayMaya reported 900% year-on-year growth on government payments last June due to the enlisting of partnerships to more agency and LGU partners, and actively streamlining the use of cashless payments for government agencies.
Safe and Transparent Government Transactions
The use of digital payment methods also fosters safe and transparent handling of transactions. Cashless payments also reduces cash handling and interface with other people in physical locations, which can contribute to the spread of the virus causing COVID-19.
Cashless payments on government's 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.
These are among the advantages of going digital in payment transactions in government agencies and LGUs:
1. With tax payments now available in the PayMaya app, the BIR is able to continue collecting taxes from consumers and businesses despite the quarantine restrictions around the country in the past month.
2. Through the SSS mobile app, members here and abroad can use their PayMaya account or credit and debit cards to remit their monthly contributions, and even receive their funeral and other benefit proceeds using their PayMaya account.
3. Members of the PAG-IBIG fund, meanwhile, can continue remitting their contribution payments and even top up their savings accounts using card and e-Wallet payments even if they are abroad.
4. Car dealers and motorists can soon easily pay for motor vehicle registration and renewal fees using cashless means at the Land Transportation Office website.
Cashback in PayMaya when Transacting with Government Fees
To help encourage more Filipinos to use cashless means of paying their government fees and dues, PayMaya is offering a cashback on transaction fees when they use their PayMaya mobile number to pay in select online and mobile government channels until September 30, 2020.
Users can get a cashback voucher when they pay using their PayMaya-registered mobile numbers at the websites of the DFA, PRC, NHMFC, the Construction Industry Association of the Philippines, Taxumo, JUANTAX, as well as the mobile app of SSS.