Digital Cashless Payment System in Davao City
Davao City has launched an inclusive, digital cashless payment system in a local public market. The city referred to as the Crown Jewel of Mindanao has adopted Paleng-QR Ph, a joint initiative of the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG) that enables and promotes the use of digital payments in public markets and public transportation services using the QR Ph technology, the national standard for quick response codes.
Held at Davao City’s Bankerohan Public Market, the launch was attended by city officials led by Mayor Sebastian “Baste” Duterte, BSP officials led by Governor Felipe M. Medalla, and officers of DILG, the Department of Information and Communications Technology, and the Department of Trade and Industry.
In line with Davao City’s commitment to lead digitalization efforts in the region, Mayor Duterte said that “going digital” is part of the city’s modernization journey and encouraged Davaoeños to use cashless payment options in day-to-day market transactions. He asked his constituents to try the PalengQR-Ph system and to spread the word and tell their neighbors how going digital is easy and convenient. The mayor advised parents to ask their kids for help in opening digital transaction accounts if needed.
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