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    Customs partner says to start
    accepting payment online December
    VG Cabuag
    Reporter

    INTERCOMMERCE Network Service Inc.(INS), one of the value added service providers of the Bureau of Customs, said it will start accepting payments online by December, a move seen to increase its market share among customs brokers and other shippers.

    INS president Francis Lopez told reporters last week there are only two hurdles for the system to go green. The first is the need to tie up with banks dealing with the BOC and have the capability to handle such payments. The second is the guidelines for the online payment itself.

    Lopez said they are finalizing the former and would test-launch the system anytime this month.

    “We want to forge an alliance with several banks. We are also currently talking with the BOC to help us get the nod of their accredited banks to accept online payment for our services and that of the agency,” Lopez said.

    He said that having an efficient payment system would compliment the online lodgment of import entries, especially when government shuts down the entry encoding centers in main gateways of the country, such as the Port of Manila.

    Lopez said that its clients at the Ninoy Aquino International Airport and the Port of Cebu both wanted to have an online payment system since all noncash, tax credit, advance payments could be paid to banks online as well as payments of imports after final assessment is made.

    At the moment, INS is talking to five banks, including the Land Bank of the Philippines and Development Bank of the Philippines.

    INS is BOC’s first accredited service provider, which gave them enough lead time to forge tie-ups with other firms that transacts with BOC- such as banks and the Chamber of Customs Brokers Inc.

    The other two accredited VASPs are E-Konek Pilipinas and Cargo Data Exchange Center.

    BOC deputy commissioner Alexander Arevalo earlier said they would ask the Bankers Association of the Philippines help them with plans to change the current payment system to speed up the movement of shipments.

    The three VASPs, which would serve as BOC’s front men in most of its public transactions, are expected to slug it out for market share with the shut down of various Entry Encoding Center, a facility being operated by the Philippine Chamber of Commerce and Industry.

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