Philippine Standard Time - Tuesday, May 17, 2022,

PEZA & MYEG to conduct on December 9 an Online Forum on Electronic Payment and Collection System for Ecozone Locators

PEZA & MYEG to conduct on December 9 an Online Forum on Electronic Payment and Collection System for Ecozone Locators
December 7, 2021
PEZA & MYEG to conduct on December 9 an Online Forum on Electronic Payment and Collection System for Ecozone Locators

7 December 2021 (Tuesday)


Pasay City— The Philippine Economic Zone Authority (PEZA), in partnership with I-Pay MyEG Philippines, Inc. (MyEG PH), is set to have a forum with its more than 4,000 locators or registered companies on December 9, 2021 (Thursday) from 1:00 PM to 2:30 PM. The main goal of the said forum is to present or have a live demo and discussion of its recently launched Electronic Payment and Collections System. The forum will be live-streamed on their official YouTube and Facebook channels. 


The forum will serve as an opportunity for locators to be introduced to this new service provided by PEZA to make transactions and fee payments easier, faster, and convenient.


The online payment system was officially launched last September 13, 2021, after PEZA Director General Charito Plaza signed the Memorandum of Agreement (MOA) with MyEG PH Chief Executive Officer Ann Margaret Saldaña in February 2021, with PEZA Deputy Director-General for Policy & Planning Tereso Panga present as a witness.


The PEZA Chief underlined that the MOA signed with MYEG for e-payment system of the agency is "in line with the Agency’s goal to assist its locator companies especially during this time of pandemic by providing an alternative online mode of payment."


Plaza said that "The MOA signed is also in line with the government’s digital transformation strategy and PEZA’s goal to automate its systems."


Digital means as alternative mode to payments


Saying that the electronic payment is a better alternative for doing payments, Plaza said that "Gone are the days when clients and other PEZA partners will need to go to the PEZA office to physically pay fees for registration, permits and other transactions. Now, they can simply login online and do their transactions from the comfort of their own offices and even their own homes if on a work-from-home setup. This can also ease the queue for physical payments by PEZA’s more than 4,000 locator companies."


Through PEZA and MYEG's partnership, there are various means of payment that PEZA's clients and partners can take advantage of such as GCash, PayMaya, Credit/Debit Card, Bank Transfer, and Cash to 80,000+ payment counters nationwide.

The service addressed PEZA's previous limitation wherein its members can only do transactions during office hours while experiencing a long queue at the cashier’s office either via cash or company cheque.


The ePCS is also in line with Republic Act (RA) No. 11032 or the “Ease of Doing Business and Efficient Government Services Delivery Act”, which aims to improve transaction systems and procedures in the government. This improves transparency, accountability, and good governance in PEZA’s brand of service.


PEZA is the top export-oriented investment promotion agency mandated to promote investments, create employment, and generate exports by extending assistance, registering, granting incentives to, and facilitating the business operations of investors in export-oriented manufacturing and service facilities inside selected areas throughout the country.


As of October 2021, PEZA hosts 415 economic zones and 4,670 locator companies that directly employ 1.7 million workers.


MyEG PH, on the other hand, is a market leader in electronic solutions championing government services online automation, has been providing e-Government services in both Malaysia and the Philippines for more than 20 years through its technology platform encompassing the internet, automation, big data, and electronic payments.