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LTO payments made easier thru LBP
Land Transportation Office (LTO) clients all over the country will soon be able to transact business or pay their monetary obligations with the LTO using any of the web-based payment options being offered by Land Bank of the Philippines (LBP).
Transportation Assistant Secretary and LTO chief Edgar C. Galvante yesterday said this will be made possible by the memorandum of agreement (MoA) signed by the Department of Transportation (DoTr) and LTO with LBP.
“The online payment system eliminates several steps in the payment process. This and the lack of human intervention make payments faster, easier, more convenient and less prone to error. More importantly, the system decreases the opportunity for corruption,” Galvante said.
Initially, the online payment portal will cater to new registration transactions, expanding the service of LBP to cover not only the NCR but all LTO Regional Offices.
Later on, the facility will cater to all LTO transactions.
DoTr Secretary Arthur Tugade said the initiative is in line with the Duterte administration’s thrust to streamline business processes in government.
“President Duterte’s directive was very clear — corruption must be stopped and business processes must be streamlined so that we can provide comfort and convenience to the public,” Tugade said.
“I am happy that LTO, the Bureau of Treasury and Landbank are with us in making that happen,” he added.
Tugade praised Galvante and the LTO for delivering results while working quietly, citing the problem with drivers’ licenses which had been resolved.
“We have also started distribution of license plates,” Tugade said in Filipino. “With the payments to LTO, transactions are now online in all the regions.” KVD