Timely payments of government dues are now possible despite the pandemic thanks to PayMaya. The fintech company powers institutions to create safer and more convenient transactions. Among its partners are the Land Transportation Office (LTO), the Securities and Exchange Commision (SEC), and the City of Taguig. The Intellectual Property Office of the Philippines (IPOPHL) and the Optical Media Board (OMB) are also part of the initiative.
All are in addition to the 50 government agencies and local government units already equipped with PayMaya‘s cashless transaction technology and e-Wallet payments: the Bureau of Internal Revenue (BIR); the Social Security System (SSS); the PAG-IBIG Fund; the Bureau of Customs (BOC); the Department of Foreign Affairs (DFA); the Department of Trade and Industry (DTI); the Professional Regulation Commission (PRC); and the National Home Mortgage Finance Corporation (NHMFC); City of Valenzuela; Ormoc City; and Parañaque City among others.
Customers can pay their taxes, remit monthly SSS and Pag-Ibig contributions, and pay for motor vehicle registration using the PayMaya app where they can also receive cashback until September 30, 2020.