Thursday, March 28, 2024
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EGov Pay

EGov Pay transactions grew 467% in 2021, says BSP

The use of EGov Pay, a system that allows digital payment for government services, jumped by 467 percent to over 91,000 transactions at end-2021 from around 16,000 transactions a year earlier, according to the Bangko Sentral ng Pilipinas (BSP).

BSP wants entire gov’t bureaucracy to use EGov Pay facility

EGov Pay was launched in November 2019 as a payment solution for taxes, licenses, and permits.

BSP, payment firms unveil EGov Pay and QR code standard

The EGov Pay and National QR Code Standard are in line with the BSP and the payments industry's goal to shift to a cash-light Philippine economy.
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