Zetrix AI's Joint Venture in Philippines Expands Digital Payment Services with Government Partnerships
Zetrix AI’s Philippines JV signs agreements with multiple government entities for digital payments
The Star
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Zetrix AI's joint venture, MYEG Philippines, Inc., has secured multiple agreements with various government entities to enhance digital payment services, aiming to streamline government digitalization efforts in the Philippines. The agreements include collaborations with the Professional Regulation Commission and the Bureau of Fisheries.
- 01MYEG Philippines, Inc. has signed agreements with the Professional Regulation Commission, Bureau of the Treasury, and Land Bank of the Philippines.
- 02The joint venture aims to enhance digital payment capabilities for government services since its inception in 2017.
- 03The agreements will integrate MYEG PH's electronic payment and collection system into various government platforms, improving service efficiency.
- 04The partnership with the Philippines Ports Authority will facilitate e-payments through its portal.
- 05MYEG PH continues to expand its support for major government agencies, enhancing citizen access to services.
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Zetrix AI Bhd, through its joint venture MYEG Philippines, Inc. (MYEG PH), has announced the signing of several agreements aimed at enhancing digital payment services with various government entities in the Philippines. These agreements are part of a broader strategy to support government digitalization efforts, which have been ongoing since MYEG PH commenced operations in 2017. Key partnerships include a quadripartite memorandum of agreement with the Professional Regulation Commission (PRC), Bureau of the Treasury, and Land Bank of the Philippines, along with separate agreements with the Philippines Ports Authority and the Bureau of Fisheries and Aquatic Resources (BFAR). Ann Margaret Saldaaa, CEO of MYEG PH, emphasized that these collaborations mark significant milestones in the company's mission to accelerate digital transformation in government services. The integration of MYEG PH's electronic payment and collection system (EPCS) into the PRC’s system will streamline the payment of fees for various services, while the agreement with the Philippines Ports Authority will enhance its e-payment portal. This expansion reflects MYEG PH's commitment to improving service efficiency and accessibility for Filipino citizens.
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The expansion of digital payment services is expected to significantly improve the efficiency and accessibility of government services for Filipino citizens.
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