Iloilo goes online with enhanced tax payment system

Jezza A. Nepomoceno, Ted Aldwin E. Ong

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Iloilo goes online with enhanced tax payment system
Residents of Western Visayas can use Landbank's ePayment service to pay their taxes starting May 2016

ILOILO CITY, Philippines – For the first time in Western Visayas, taxpayers will soon have the option of paying online to avoid the inconvenience of paying real property taxes the traditional way.

Using the ePayment Portal of the Landbank of the Philippines, taxpayers will have the optimal, alternate, and automated electronic payment channel in paying their taxes come May 2016.

Landbank’s ePP is an internet-based payment channel designed to accept payments of real property taxes and other fees from taxpayers of Iloilo. It aims to decrease the direct and indirect costs associated with physical cash handling and increase the immediate accountability and tracking of financial flows.

It is also seen as the solution in de-clogging the traffic at the Provincial Treasurer’s Office (PTO) and in minimizing its operational costs. The system will give taxpayers the electronic banking service experience of simply logging in to the website for safer and quicker delivery of funds.

“Because of this, taxpayers from Carles don’t need to travel 135 kilometers to reach the city. All they need to do soon is to pay online,” said Governor Arthur Defensor Sr.

Defensor stressed that this innovation will go a long way in improving the services and tax collection efficiency of the provincial government.

The ePP facility allows users to inquire in realtime and download reports of successful payment transactions. The PTO is now moving into cash-less system where taxpayers do not have to carry around with them their money, according to Provincial Treasurer Dr Melba Sullivan.

Only the taxpayers with an existing ATM savings account, Landbank Visa debit card, current account with ATM access, institutional cardless ATM account (savings account), and institutional cardless checking ATM account can access the system.

The service will soon be open to Landbank cash card holders, BancNet-member banks and to those with a Visa credit card and Mastercard.

Landbank is the fourth biggest bank in the Philippines with an asset of over a trillion pesos with 351 branches, 1,328 automated teller machines and over 5 million cardholders nationwide. – Rappler.com

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