LandBank pledges full support to accelerate Pasig City’s digital momentum

THE Land Bank of the Philippines (LandBank) has announced that it fully supports the acceleration of Pasig City Government’s digitization push towards the effective delivery of responsive public services in the city.

LandBank said President and CEO Cecilia C. Borromeo met with City of Pasig Mayor Victor Ma. Regis “Vico” N. Sotto last November 7 to discuss potential partnerships to digitize local processes and promote contactless payments in public procurement and transport.

The executives discussed providing local market vendors with e-wallets, such as the versatile all-in-one mobile payment app LandBankPay, for more efficient and convenient payment for goods.

“The city may also consider implementing the automated fare collection system [AFCS] for commuters using LandBank contactless prepaid cards for convenient and secure cashless payments in public commercial vehicles [PUVs]with the LGU willing to provide free rides to Pasigueños.

LandBank said it is currently providing the city government of Pasig with digital banking services designed to improve its operational efficiency. These include the lender’s “Link.BizPortal” which allows residents to pay their property taxes, business licenses and other financial obligations to the city government anytime and anywhere, without having to physically queue. at the town hall.

LandBank said it and the Pasig City LGU are also working closely together for the efficient and convenient distribution of cash assistance to local seniors and college students. Beneficiaries receive their cash grants in a timely manner from the city government through LandBank payment cards.

Recipients can withdraw their cash grants free of charge at 78 Landbank ATMs or through ATMs at 11 LandBank branches in Pasig City, as well as ATMs at nearby 7-Eleven convenience stores. LandBank payment cards can also be used to make cashless purchases at grocery stores, pharmacies, and other accepting merchants through point-of-sale terminals.

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