It is now extra convenient to pay for your taxes through an app. The Bureau of Internal Revenue (BIR), the government’s lead tax collection agency, is now working with PayMaya to offer digital payment touchpoints that will be made available to all Filipinos nationwide.
PayMaya, the digital financial services arm of Voyager Innovations, offers integrated consumer and merchant payment solutions with the widest on-ground branch network. PayMaya provides e-wallets that allow Filipinos to conduct cashless transactions at any time of the day, anywhere in the world, and from any device.
As a start, PayMaya account holders will soon be able to remit their tax payments to BIR through the Pay Bills feature of the PayMaya app. PayMaya is also working with BIR to extend digital tax payments to other channels, such as through its online portal and its revenue district offices nationwide.
Having tax payments available to PayMaya users makes it even more convenient for taxpayers to fulfill their civic duties, because they can do this anytime, anywhere using only their mobile phones.
The partnership between BIR and the PayMaya is in support of the government’s escalated efforts to digitize many of its services in order to improve efficiencies, reach their revenue collection goals, and deliver better public services to Filipinos nationwide.
Aside from this, enabling tax payments via digital payment channels will also help in contributing to the goal of the Bangko Sentral ng Pilipinas (BSP) to increase digital transactions to 20% by 2020 under the National Retail Payment System.
The partnership is supported by the E-PESO project of the United States Agency for International Development (USAID), which works with the government and private sector to achieve a 20-fold increase in e-Payment usage for more inclusive access to financial products.
To know more about the products and services of PayMaya, visit www.paymaya.com