PayMaya sees more gov’t agencies adopting digital payment technologies
MORE government agencies are now using digital payment technologies, PayMaya Philippines, Inc. said, citing as examples the Social Security System (SSS), Bureau of Internal Revenue (BIR), Bureau of Customs (BoC), and Home Development Mutual Fund (Pag-IBIG Fund).
“With PayMaya as enabler, more national government agencies and government-owned corporations are heeding the call of providing ease of doing business and efficient delivery of services by adopting digital payment technologies,” PayMaya Philippines Chief Executive Officer and Founder Orlando B. Vea said in a statement issued on June 26.
The company said it was tapped by SSS to allow its members to pay their contributions through a mobile app using credit, debit, prepaid cards as well as e-wallets.
“The agency also uses PayMaya’s platform for disbursement of member benefits and loan proceeds,” it noted.
Top tax-collecting agencies BIR and BoC are using PayMaya’s plug-and-play solutions: PayMaya Checkout, One by PayMaya, and PayMaya QR.
PayMaya has also partnered with Pag-IBIG and other top revenue-generating government agencies such as Land Transportation Office, Department of Foreign Affairs, National Bureau of Investigation, Department of Trade and Industry, Securities and Exchange Commission, Professional Regulation Commission, Philippine Statistics Authority, and Land Registration Authority.
PayMaya is also used by SSS, Department of Agriculture, Department of Social Welfare and Development, Land Transportation Franchising and Regulatory Board, and SB Corp. for their social assistance programs.
Local government units Quezon City, Manila City, Taguig City, Pasig City, Caloocan City, Mandaluyong City, Marikina City, Parañaque City, Valenzuela City, and Antipolo City utilize the company’s payment acceptance and disbursement platforms for their services and programs.
“It is important to enable government agencies and local government units with the ability to accept all kinds of digital payments — whether it’s via credit, debit, or prepaid cards, e-Wallets, and even payments from the unbanked through on-ground agents,” Mr. Vea said. — Arjay L. Balinbin