Government adopts Digital Payment System

Government adopts Digital Payment System

By Glen S. Ramos

MANILA — All government agencies will soon be adopting a digital payment system in all transactions as President Rodrigo Duterte issued Executive Order (EO) No. 17 on May 12, 2022, mandating the adoption of digital and mobile payment systems for government collections and disbursements.

The EO directs all departments, agencies, and instrumentalities of the government, including state universities and colleges and government-owned or -controlled corporations (GOCC) as well as local government units (LGU) to adopt digital payments for their transactions.

“The Covid-19 pandemic has highlighted the benefits of utilizing digital payment services across various sectors, as it enabled a fast, convenient, secure, and transparent mode of delivering government services and transacting businesses,” the circular stated.

EO 170 likewise orders covered agencies to offer a digital mode of collecting payments for taxes, fees, tolls, and other charges and impositions ensuring secure payment processing solutions to ensure that various digital payment methods are accepted.

The Department of Finance, Department of Budget and Management, Bureau of Treasury, Bureau of Internal and Revenue and Government Procurement Policy Board Technical Support Office will be the lead agencies in the implementation of the order. (EGR/ai/mtvn))

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