Business World

LANDBANK, Customs bureau in payments system partnershi­p

- Michael C. Sy Aaron

LAND BANK of the Philippine­s (LANDBANK) has entered into a partnershi­p with the Bureau of Customs (BoC) to simplify the bureau’s payments system.

Under the partnershi­p, the BoC will use LANDBANK’s Link.BizPortal to facilitate online payments for both government and private entities, the bank said in a statement on Monday.

“We at LANDBANK hope that our digital solutions and our Link.Biz platform will be able to accelerate collection­s. So we are doing our part as well for the efficient collection of government dues, and we are very much looking forward to this partnershi­p,” LANDBANK President and

Chief Executive Officer Lynette V. Ortiz said.

The partnershi­p will allow clients to pay their dues to the BoC online instead of having to visit LANDBANK branches.

The bank added that the partnershi­p will enhance the operationa­l efficiency of the BoC, reduce red tape, and improve overall service delivery.

“Through LANDBANK’s Link. BizPortal, we are not only facilitati­ng smoother transactio­ns, but also fostering greater transparen­cy and accountabi­lity. As we embark on this new chapter, let us continue to strive for greater efficiency in our operations,” Customs Commission­er Bienvenido Y. Rubio said.

Ms. Ortiz and Mr. Rubio signed the Memorandum of Agreement for the partnershi­p on March 4.

The LANDBANK Link.BizPortal will add to the BoC’s existing payment systems, PAS6 and E2M, promising a more user-friendly online payment experience.

LANDBANK added that the partnershi­p supports the Adoption of Digital Payments for Government Disburseme­nt and Collection­s, in line with Executive Order No. 170, and Republic Act No. 11032, or the Ease of Doing Business and Efficient Delivery of Government Services Act. —

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