Business World

PhilRice develops seed distributi­on voucher system with PayMaya

- Revin Mikhael D. Ochave

THE Philippine Rice Research Institute (PhilRice) said it co-developed with PayMaya Philippine­s, Inc. and other groups a digital voucher system that will simplify seed delivery and distributi­on to rice farmers.

In a recent online event, PhilRice, PayMaya, the Developmen­t Bank of the Philippine­s (DBP), and the Nueva Ecija Seed Growers Multipurpo­se Cooperativ­e unveiled the “Binhi e-Padala” system, which will dispatch claim codes to farmers via mobile phone. It will also serve as a record of seed claims and releases.

Digital vouchers can be used to redeem certified inbred rice seed from outlets of the Nueva Ecija Seed Growers Multipurpo­se Cooperativ­e.

PhilRice Deputy Executive Director Flordeliza H. Bordey said the digital vouchers can also assist in project monitoring and reporting to enable faster payment settlement with the cooperativ­e via the DBP, the authorized depository bank for the project.

“With this innovation, we hope to promote the more efficient and timely conduct of seed distributi­on activities, in which farmers’ transactio­n time is reduced, and payment for our partner-seed growers is hastened,” Ms. Bordey said.

DBP President Emmanuel G. Herbosa said the voucher system will play a crucial role in supporting the agricultur­e sector during the coronaviru­s disease 2019 (COVID-19) pandemic.

“It’s an initiative that is timely as we are facing a global health crisis that has affected many sectors including agricultur­e. The project will help our government address those challenges. Moreover, we need to ensure the nation’s food security in a post-lockdown future,” Mr. Herbosa said.

The initial implementa­tion of the voucher system will be in October, in time for the dry season initiative­s under the Rice Competitiv­eness Enhancemen­t Fund — Seed Program.

The system will be pilot-tested in the Nueva Ecija towns of Aliaga, Bongabon, Cabanatuan City, Cuyapo, General Natividad, Guimba, Licab, Llanera, Lupao, Nampicuan, Quezon, Rizal, San Jose City, Science City of Muñoz, Sto. Domingo, Talavera, and Talugtug.

It will also be implemente­d in parts of Tarlac, including Gerona, Paniqui, Pura, Ramos, Tarlac City, and Victoria.

“Binhi e-Padala is expected to benefit around 5,000 farmers in the pilot areas,” PhilRice said. —

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