DoT to adopt LANDBANK digital payment portal

LAND BANK of the Philippines (LANDBANK) has expanded its partnership with the Department of Tourism (DoT) as it digitalizes tourism payments and streamline procurement via the bank’s digital payments portal.

“By streamlining payments and accelerating procurement processes, we aim to support the DoT in focusing even more on its core mission — promoting our country, empowering tourism enterprises and workers, and welcoming the world to our shores,” LANDBANK President and Chief Executive Officer Lynette V. Ortiz said in a statement on Monday.

Under two memoranda of agreement, signed with Tourism Secretary Ma. Esperanza Christina C. Frasco on Jan. 13, the DoT will adopt the LANDBANK Link.BizPortal, which conducts online payments for accreditation, regulatory fees, penalties, and bidding documents for commercial establishments and businesses.

LANDBANK said the “plug-and-play” system is expected to streamline administrative processes and reduce manual interventions for DoT.

The DoT will also be enrolling in the Government Purchase Card program, with an initial rollout covering 16 regional directors nationwide.

The program aims to strengthen internal financial controls while expediting the procurement of goods and services essential to tourism operations.

“We are happy that LANDBANK has seen and supported the vision of the Department of Tourism. In many ways our work is very similar in that its main goal is community development — ensuring that our local communities benefit from access to economic opportunities,” said Ms. Frasco. — Aaron Michael C. Sy