The Philippine government’s ICT Office of the Department of Science and Technology (ICTO-DOST) has unveiled its plans to launch PhPay, an online e-payment system that seeks to make government transactions more convenient, faster and easier.

Integrated Government Philippines (iGovPhil) component team lead for systems integration, Jops Josef, said that the system will offer convenience to citizens and government agencies while also reducing the opportunity for graft and corruption. PhPay eliminates face-to-face contact and promotes transparency on payments made to the government.

Josef added that through the system, citizens availing services from a government agency may pay through payment channels which include credit cards, online banking, bank and non-bank over-the-counter payments, mobile banking, and rural banks among others. This will be possible through private payment aggregator companies that will be part of PhPay.

"When we look at the whole government payment process, each agency is required to deposit payments to the Bureau of Treasury (BTr) at the end of each transaction day. Through PhPay, we’ve made it simpler by removing this process for the agency and let the payment go directly to the BTr," Josef said.

ICTO-DOST said that it is selecting agencies to be part of the pilot implementation which is expected to go live and ready to accept other agencies by March 2014.

The iGovPhil is a joint project of (ICTO) and Advanced Science and Technology Institute (ASTI) to improve government operations through the development of infrastructures and applications that simplify and accelerate the delivery of goods and services to the public.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.