PRC and LBP Sign Memorandum of Agreement on E-Payment System
The Professional Regulation Commission (PRC), together with the Land Bank of the Philippines (LBP) signed a Memorandum of Agreement regarding the Link.Biz Portal last 17 May 2018 at the Philippine International Convention Center, CCP Complex, Roxas Blvd., Pasay City.
The ceremonial signing was led by PRC Chairman Teofilo S. Pilando Jr. and LBP President and CEO Mr. Alex V. Buenaventura. They were joined by Commissioner Jose Y. Cueto Jr., Ms. Leila C. Martin and other PRC and LBP Officials
LANDBANK Link.BizPortal is an e-Payment facility that allows clients to pay for products and services via the Internet from both the government and private institutions/sectors. The LANDBANK Link.Biz Portal aims to:
For more information about this e-Payment system, please visit https://www.landbank.com/Link.Biz-Portal
- Provide convenience and efficiency to all involved institutions as well as safer and faster delivery of funds;
- Decrease the direct and indirect costs associated with physical cash or distribution of in-kind goods;
- Establish accountability and tracking of financial flows, resulting in less corruption and theft; and
- De-clog lobby traffic and save on operation costs.