Zetrix AI Philippine Joint Venture Signs Agreements With Multiple Govt Entities On Digital Payments

KUALA LUMPUR, June 8 (Bernama) -- Zetrix AI Bhd, formerly known as MYEG Services Bhd, announced that its joint venture in the Philippines, namely MYEG Philippines Inc (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities to reinforce its position in enabling government digitalisation in the country.

The company said additional key e-government services were now being added to MYEG PH’s platform with the signing of Quadripartite Memorandum of Agreement (MOA) with the Professional Regulation Commission (PRC), Bureau of the Treasury (BTr) and Land Bank of the Philippines; MOA with the Philippines Ports Authority (PPA); and MOA with the Bureau of Fisheries and Aquatic Resources (BFAR). 

“The partnership reinforces the collaborative effort among the four institutions to further strengthen the digitalisation of government services and provide citizens with faster, more convenient, and accessible payment solutions for their PRC transactions, making the payment process easier and more seamless for professionals and aspiring professionals nationwide,” it said in a Bursa Malaysia filing today. 

Concurrently, it said the formalisation of the MOA with the PPA also paves the way for the integration of MYEG PH’s electronic payment and collection system (EPCS) into the PPA’s e-payment portal.

“Through this integration, the option of more than 100,000 payment channels nationwide through MYEG PH’s EPCS will thus be similarly available to port stakeholders to conveniently settle various port-related fees online.

“These include PPA accreditation fees, permit to operate, transport accreditation and vehicle pass, cargo handling and wharfage fees, passenger terminal fees and other port service charges,” it said. 

Meanwhile, it noted that the signing of the MOA with the BFAR further increases the number of major government agencies MYEG PH is onboarding and supporting through its market-leading payment system.

MYEG PH chief executive officer Ann Margaret Saldaña said the partnerships represent another significant milestone in MYEG PH’s mission to help accelerate the digital transformation of government services in the Philippines.

-- BERNAMA