Jan 6, 2014 (Mon): Filipinos can expect to make payments to Philippines government agencies more efficient and less time consuming with the launch of the government online payment system namely PhPay this February, Manila Standard Today reports. The report also says the government is considering to include government-owned and controlled corporations and state universities and colleges under PhPay’s coverage in the next phase.
PhPay is an Internet-based electronic payment facility and gateway that will enable citizens and businesses to remit payments electronically to government agencies. It renders services through various delivery channels, which include debit instructions (ATM accounts), credit instructions (credit cards) and mobile wallets (SMS).
With the online payment system, agencies can also lessen the need for face-to-face transactions, which means that there are fewer opportunities for graft and corruption, as well as fixers.
PhPay is part of the 480-million-peso Integrated Government Philippines (iGovPhil) project which was launched on 28 June 2012. iGovPhil is an essential element in the implementation of the e-Government Master Plan of 2013-2016 which aims to improve processes in government to provide better services to both citizens and businesses, as well as promote public participation.