The traditional month-long celebration of National Rice Awareness Month will have the Department of Agriculture present its digitalization strategy for the Masagana Rice Industry Development Program (MRIDP) to ensure that farmers are included in the formal financial system and their transactions with the government become real-time, cashless, hassle-free, and transparent with no delays that usually beset them in the past years.

Director Glenn Estrada, who heads the MRIDP digitalization strategy, emphasized the urgency for farmers and the entire agriculture value chain to "not only keep pace but become front-runners in embracing technological advancements."

He said the Cashless Expo 2023, to be held at the World Trade Center from 17 to 19 November, "represents a monumental step in this journey, converging the robustness of digital payment platforms with the day-to-day transactions of our agricultural community."

"For our farmers and agricultural stakeholders, this initiative transcends the mere adoption of a new way to transact financially but symbolizes a transformative leap towards achieving greater economic resilience, inclusivity, and empowerment," Estrada said.

"By integrating digital payments, we are offering our farmers and MSMEs the tools to directly access markets, financial services, and government support with unprecedented ease and security. It mitigates the risks of handling cash, reduces transaction costs, and saves valuable time—all critical factors in enhancing the profitability and sustainability of agricultural livelihoods," he added.

Estrada also said the DA's participation in the Cashless Expo is a testament to the department's commitment to enhance service delivery and operational efficiency.

"Through digital payments, we aim to streamline subsidy distributions, financial aid, and other support services, ensuring that assistance reaches our farmers swiftly, transparently, and directly," Estrada stressed.

"As we celebrate NRAM, it is fitting to highlight how digital payment systems can revolutionize the rice industry, from the way our farmers sell their produce," he pointed out.

DA's partners in Cashless Expo 2023 are the GoDigital Pilipinas, the Department of Trade and Industry (DTI), Bangko Sentral ng Pilipinas, GCash, Pay Maya, PLDT, Union Bank and other stakeholders in spearheading the digital transformation within the agricultural sector through robust participation in the upcoming Cashless Expo 2023.