Local banks teams up to combat e-banking fraud

In collaboration with Landbank of the Philippine (LandBank), the Philippine Government Electronic Procurement System (PhilGEPS) has launched a new electronic payment facility to allow government agencies to complete online purchases of supplies procured through the PhilGEPS Virtual Store, including license applications with the Land Transportation Office and clearance applications with the National Bureau of Investigation. The launch of e-payment system can help agencies to have a quicker and more efficient procurement system, as well as boost the Philippine government’s overall transparency campaign.

by Terry Brown

Author: VSDaily Editor

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