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#EO Digital Payments

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In the hopes of faster and more efficient transactions in government offices, President Duterte has just now ordered all government offices to adopt digital payments for the use of reimbursements and collections. Executive Order (EO) No.170, signed by the president on May 12, 2022, mandates that all Covered Agencies utilize a safe and efficient digital mode of disbursement for the payment of goods, services, and the distribution of financial assistance, salaries, wages, allowances, and other compensations. 170 also mandates that they should offer a digital mode of collecting payments for taxes, fees, tolls, and other charges. Furthermore, the EO states that all Covered Agencies will need to adopt a Business Continuity Plan in preparation for any calamity or emergency in which digital payment means may not be affected. In these circumstances, non-digital payment means may be considered in the exigency of service. Lastly, a Technical Working Group (TWG) shall be created in order "to provide guidance and promote cost-efficiency and transparency in the procurement of digital payment solutions". The TWG likewise would be able to oversee and monitor the procurement of digital payment solutions by the Covered Agencies, resolve issues related to this EO, and consider the formulation of standard terms and conditions for Payment Service Providers. Read more in our articles including "Pres. Duterte orders adoption of digital payments for gov't disbursements, collections" and "House approves Digital Payments Bill on second reading".

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What is EO Digital Payments?

In the hopes of faster and more efficient transactions in government offices, President Duterte has just now ordered all government offices to adopt digital payments for the use of reimbursements and collections. Executive Order (EO) No.170, signed by the president on May 12, 2022, mandates that all Covered Agencies utilize a safe and efficient digital mode of disbursement for the payment of goods, services, and the distribution of financial assistance, salaries, wages, allowances, and other compensations.

What have you covered about EO Digital Payments?

170 also mandates that they should offer a digital mode of collecting payments for taxes, fees, tolls, and other charges. Furthermore, the EO states that all Covered Agencies will need to adopt a Business Continuity Plan in preparation for any calamity or emergency in which digital payment means may not be affected. In these circumstances, non-digital payment means may be considered in the exigency of service.

Where can I find articles about EO Digital Payments?

Our coverage of EO Digital Payments includes: "Pres. Duterte orders adoption of digital payments for gov't disbursements, collections"; "House approves Digital Payments Bill on second reading"; "Visa & GoTyme sign multi-year deal for faster digital payments in the PH". Each article provides unique insights and information.