State-owned Development Bank of the Philippines (DBP) signed a Memorandum of Agreement (MOA) with the local government of General Trias in Cavite to undertake several projects that would boost efficiency and increase productivity in the city, a top official said.
DBP president and chief executive officer Cecilia C. Borromeo said the bank will assist in automating the human resource and payroll processing of the local government while boosting its tax collection efforts through the bank’s Point-of-Sale (POS) Facility and Internet Payment Gateway (IPG) facilities.
“With the POS facility, residents and business owners in General Trias City can now pay their real property taxes using debit, credit and prepaid cards, while the IPG would facilitate online acceptance of payments of the taxpayers’ real property and business dues,” Borromeo said.
General Trias is a first-class component city in the province of Cavite. It has a population of over 400,000 people and has a total of 6,434 registered commercial establishments as of September 2018.
Borromeo said the partnership would allow the city government to broaden tax payment options to its residents, while increasing collection efficiency and generating savings, through streamlined payment collection, and reduced operational expenses.
Under the agreement, DBP will install two additional ATMs to serve the local government’s employees and its residents, she said.
General Trias city mayor Antonio A. Ferrer said the joint initiative with DBP will help the city government increase its tax collections, while enhancing service delivery to its constituents.