An advocacy group championing consumer rights has called on local governments to encourage their constituents at the grassroots to shift to cashless transactions, saying the benefits of digital technology must be felt by all.
“The use of technology should be extended to market vendors, community shopkeepers, tricycle operators and drivers, farmers, and small merchants,” said lawyer Christopher “Kit” Belmonte, co-convenor of CitizenWatch Philippines.
According to Belmonte, there is a significant amount of economic activity going on in markets, in public transportation, and in the fields. The program targets to occasion change in markets and public transport, because these are basic components of an average Filipino’s typical payment pattern, said the Bangko Sentral on its website.
“Some stores are already using QR codes to facilitate cashless purchases. They can scan it with their smartphones and confirm payments in seconds. No more exchanges of cash and finding change. It’s so convenient,” Belmonte said.
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