Finance to launch soon payment gateway for government transactions
THE DEPARTMENT of Finance (DoF) is readying an online-based payment system for government transactions that could improve the country’s ease of doing business.
In a statement, Finance Undersecretary Gil S. Beltran said that the payment gateway, called the PHPay system, “will cover the development of a payment gateway and a payment ledgering management system for the whole of government.”
The PHPay system is designed to be a secure and reliable collection system in which government clients can transfer payments online for government services anytime and anywhere, minimizing the need for human contact and eliminating long queues in state offices.
“Taxpayers and other government clients, can however, still opt to use other payment methods even when PHPay is in place,” said Mr. Beltran. — Elijah Joseph C. Tubayan