Nueva Vizcaya, Philippines—On 14 May 2024, the Department of Trade and Industry Region 2 (DTI R2), in partnership with the Bangko Sentral ng Pilipinas North Luzon Regional Office, conducted a series of advocacy campaigns on the Paleng QR Ph Program in the municipalities of Bambang and Aritao.
The Paleng-QR Ph program, jointly developed by the BSP and the Department of the Interior and Local Government, aims to build the country’s digital payment ecosystem by promoting cashless payments in public markets and local transportation, particularly tricycles.
Leveraging on the QR Ph initiative, the program seeks the policy championship and encourages local government units (LGUs) to promote the acceptance of digital payments among market vendors, community shopkeepers, and tricycle operators and drivers in all cities and municipalities nationwide.
In his message, DTI R2 Consumer Protection Division (CPD) Chief Atty. Cyrus I. Restauro discussed the overview of the advocacy campaign that encourages LGUs adopt the cashless transaction program, as well as emphasizes the benefit it offers to consumers who prefer digital payments.
Meanwhile, BSP Tuguegarao Area Director Eva Lynne M. Marcos thoroughly discussed the salient features and advantages of the program for the LGUs to enact an ordinance enabling digital transactions in the localities.
Also present during the meetings were DTI R2 Nueva Vizcaya Provincial Director Atty. Michael B. Paggabao, DTI R2 Legal Officer Atty. Angie U. Gumaru, DTI Nueva Vizcaya CPD Chief Rowena F. Mayangat, and BSP Administrative Services Officer Mr. Emilson U. Jimenez.
