Taguig City Hall goes cashless, eases doing business
Tax payers in Taguig City can now use credit cards to pay business taxes, licenses, permits and other fees. The city treasury will now honor Visa credit card and debit cards in the payment of local taxes and fees.
This innovation came after the issuance of City Council Resolution No. 102-2015 which authorized the Mayor to enter into a memorandum of agreement with the Development Bank of the Philippines that would allow the city to accept credit cards and other modes of electronic payment system like debit transactions.
Mayor Lani Cayetano proudly says that this new payment procedure will bring a new level of convenience to its clients and constituents transacting business at the city government.
“We owe it to our tax payers to make it convenient for them to pay taxes and fees. It is our commitment to constantly give excellent service to the people and our stakeholders. The technology is already there so why not maximize its use, Mayor Lani Cayetano explained.
The response of taxpayers to the new payment scheme has been quick. The city treasury received a total of almost P500,000 in collections through credit card and ATM debit card transactions in a span of just two weeks upon its implementation.
According to the World Bank Ease of Doing Business study, Taguig is one of the best places in the country to do business in. Since Mayor Lani assumed office in 2010, many innovations have been introduced by the city government to provide the best possible service to the people and stakeholders of Taguig. The process of registration and renewal of business permits have been streamlined and red tape has been eliminated.
The city was also a recipient of the Blue Certification Award from the Office of the Ombudsman which indicates that it passed the anti-graft agency’s anti-red tape standards and its system conformed to the ease of doing business standards. ###