Subic Bay Metropolitan Authority (SBMA) recently launched its electronic Billing and Payment System (e-BPS) to facilitate delivery of monthly statement of accounts (SOA) to locators and residents in the Subic Freeport Zone, and the remittance of payment, initially through the electronic banking services of Land Bank of the Philippines (LBP).
In lieu of the delivery of the monthly SOA, the SBMA will send email notification to locators and residents that their SOA has been posted online. With a hyperlink to the SBMA portal, the locators and residents will be able to view their respective SOA, and authorize Landbank to electronically remit the payment of the outstanding amount from their account for credit to the SBMA account. Upon receipt of the electronic payment confirmation from Landbank, SBMA will update the e-BPS to reflect the said payment.
During the launch, SBMA chairman and administrator Roberto Garcia noted that the SBMA e-BPS is the first such government system, and suggested other government agencies, particularly Clark Freeport Zone and Freeport Area of Bataan, consider adopting the same.
Further, he said he expected the immediate deployment of the e-BPS Phase 2, which would include other payment transactions, including the seaport charges and US-dollar denominated SBMA fees, and the remittance of payment through other BancNet member banks.
The e-BPS is being implemented by SBMA in collaboration with InterCommerce Network Services, Inc., a value-added service provider accredited by SBMA and other government trade regulatory agencies.
