MANILA—The Department of Trade and Industry (DTI) was recognized by GCash during the first Digital Excellence Awards on 1 December 2021. The awards are given to government units and agencies that paved the way in uplifting the lives of their constituents and clients by pioneering the use of digital financial products to help ensure the safe and efficient delivery of their services.

DTI Secretary Ramon M. Lopez said he was pleased with the recognition of the Department’s Business Name Registration System and acknowledged GCash as a longstanding partner of the DTI. “The development of our new system is a testament of our serious efforts to promote ease of doing business.  And with a positive user experience, we saw a significant increase in online payments,” he remarked.

DTI bagged three awards namely the  (1) Excellence in Innovation and Leadership Award, for being one of the pioneers in adopting digital payments; (2) Excellence in Digital Public Services for being the top partner in terms of online payment transactions; and a (3) Special Award as Digital Financial Inclusion Champion for Assistant Secretary Mary Jean T. Pacheco, in recognition of her office’s various initiatives with GCash in pushing for financial inclusion, particularly in promoting the digital ecosystem to more Filipinos.

“Indeed, this recognition serves as an affirmation of the work that we do. Rest assured that the DTI particularly our e-Commerce team, will remain your partner and strongest advocate for a cash-lite or a cashless society,” added by Asec. Pacheco.

Meanwhile, Undersecretary Ireneo V. Vizmonte thanked GCash for facilitating online transactions for business name registration payments through the app. He noted that this year, payments of more than 500k business name registrations were generated through GCash. “Our digital payment journey with GCash started 13 years ago when GCash provide the online payment option for the Business Name Registration. This partnership was strengthened in 2019 when we launched the Business Registration System Next Generation.” Furthermore, the trade chief assured the Department’s continued efforts in streamlining business processes and boosting its partnership with the private sector. Sec Lopez said, “DTI will continue to strive hard in order to provide the finest services to our clients and to continuously strengthen our partnership together to further ease the doing business in the country.” ♦

Date of Release: 6 December 2021