LTO inks easier web-based regional payments with Landbank and BTr

Published August 17, 2018, 3:59 PM

by Francine Ciasico

By Alexandria Dennise San Juan

The public will soon be able to pay their transactions with the Land Transportation Office (LTO) online after the agency signed an agreement with the Bureau of Treasury (BTr) and the Land Bank of the Philippines which expands the web-based payment facility to its regional offices nationwide.

Land Transportation Office (LTO) chief Edgar Galvante (KEITH BACONGCO / MANILA BULLETIN)
Land Transportation Office (LTO) Assistant Secretary Edgar Galvante

LTO Assistant Secretary Edgar Galvante said that their clients all over the country will soon be able to transact business and also pay their monetary obligations with the agency using any of the web-based payment options being offered by LBP.

Galvante, who led the signing of the Memorandum of Agreement at the LTO Main Office in Quezon City on Friday, said that having an online payment system can make the process easier for the public and can also decrease chances for corruption.

“The online payment system eliminates several steps in the payment process. This and the lack of human intervention make payments faster, easier, more convenient, and less prone to error. More importantly, the system decreases the opportunity for corruption,” Galvante explained.

Last June, the agency has launched the use of LBP’s E-Payment Portal (EPP) where clients in Metro Manila can pay for new registration transactions using the bank’s online facility.

The LTO chief said that the LTO-NCR has been receiving positive feedbacks from clients on new mode of payment.

With its success, the LTO decided to pursue and expand online-based payment transactions to its regional offices nationwide.

“Initially, the online payment portal will cater to new registration transactions, expanding the service of LBP to cover not only the NCR but all LTO Regional Offices. Later on, the facility will cater to all LTO transactions,” Galvante said.

Meanwhile, Transportation Secretary Arthur Tugade lauded the initiative of the LTO which he said was in line with the administration’s move to push business processes in government.

“President Duterte’s directive was very clear — corruption must be stopped, and business processes must be streamlined so that we can provide comfort and convenience to the public. I am happy that LTO, the Bureau of Treasury, and Landbank are with us in making that happen,” Tugade said in a statement