Bank transactions now easier for Ilocos Sur town residents 

NARVACAN, Ilocos Sur, Apr. 24 (PIA) - - Residents here enjoy easier bank transactions while staying at home due to the coronavirus disease 2019 (COVID-19) pandemic.

The local government unit (LGU) of Narvacan recently launched “Narvacan Ako” multipurpose card with Super App, which is a combination of an identification card and a visa card with a bank account.

League of Municipalities of the Philippines (LMP) National President and Narvacan Mayor Luis “Chavit” Singson, said that with the card issued by the UnionBank, residents automatically have their own bank account with no maintaining balance or annual fees. 

A range of transactions can be done such as deposit and withdrawal as the card has access to any ATM worldwide, pay electricity or water bills, and buy mobile load at the same time.

"It is an e-wallet similar to the technology of G Cash and Paymaya," Mayor Singson added.

Transactions with the LGU like application for permits and clearances, request for documents, and payment for taxes and fees can also be processed online.

“No need for them to go out. In the comforts of their home, they can transact directly. Safe from the COVID-19,” Mayor Singson said.

Under his leadership as national president of the LMP, other LGUs in the Ilocos Region have started to replicate this practice aiming for a digital community that can improve frontline services in each LGU. 

He then encouraged other LGUs to innovate.

“Technology could make life easier and more convenient. It’s accessible, so we must grab it and maximize its full potential,” Mayor Singson added.

Moreover, Architect Richelle Louisse Singson-Michael, Vice-Chairperson of LCS Group of Companies, explained that “Narvacan Ako” also serves as a virtual marketplace for products or services in their own regions.

“The local community can invest, advertise, sell, and buy physical and digital products, services, and affiliate or interact with each other which is a big help for business and tourism,” she said.

In her Facebook post, she said that the challenges brought about by the COVID-19 pandemic forced people to stay at home which makes it harder for them to avail services of government and private offices.

“LGUs found it difficult to release citizen aid due to lack of basic identification. Straight up cash was still the main mode of release and around 70 percent of Filipinos do not yet have bank accounts or access to financial products. In addition, most local government offices still service their citizens manually, requiring them to crowd and line up for simple transactions - most of which can be done remotely through the internet,” she said.

“Philippines needs efficiency, more tech infusion and above all, maintains Filipino safety,” she said. (JCR/AMB/JMCQ/PIA Ilocos Sur)



Source: Philippines Information Agency (pia.gov.ph)

Post a Comment

0 Comments