The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has partnered with G-Xchange, Inc. (GXI), the operator of GCash, to expedite travel tax refundsThe Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has partnered with G-Xchange, Inc. (GXI), the operator of GCash, to expedite travel tax refunds

TIEZA Partners with GCash to Digitise Travel Tax Refunds

2025/12/15 10:54

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has partnered with G-Xchange, Inc. (GXI), the operator of GCash, to expedite travel tax refunds for Filipino travellers.

Formalised through a Memorandum of Understanding (MOU) signed on 9 December 2025 in Makati City, the agreement enables TIEZA to use GCash’s Funds Disbursement Service.

This system allows approved refunds to be credited directly to passengers’ digital wallets in real time, at no cost to either the agency or the traveller.

The initiative supports Executive Order No. 170, which mandates the adoption of digital payments in government, and the Tourism Act of 2009, which authorises TIEZA to modernise tax collection systems.

The new process eliminates the need for on-site claims and manual bank processing.

TIEZA Chief Operating Officer Mark Lapid stated that the partnership aims to enhance the efficiency of the travel experience.

GCash Vice President Cleo Celeste C. Santos highlighted that digitising traveller touchpoints through real-time refunds offers significant convenience and reliability, ultimately fostering a more responsive government service ecosystem.

GXI will provide the digital infrastructure for the disbursements, supported by prefunding and reconciliation mechanisms to ensure security.

Featured image: Edited by Fintech News Philippines based on an image by Freepik.

The post TIEZA Partners with GCash to Digitise Travel Tax Refunds appeared first on Fintech News Philippines.

Piyasa Fırsatı
Gravity Logosu
Gravity Fiyatı(G)
$0.004976
$0.004976$0.004976
-4.08%
USD
Gravity (G) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Paylaş
BitcoinEthereumNews2025/09/18 02:13
South African lawmakers put Starlink launch on hold over policy clash

South African lawmakers put Starlink launch on hold over policy clash

Elon Musk’s Starlink may face delays in delivering satellite internet to South Africa. Lawmakers are opposing a recent…
Paylaş
Technext2025/12/15 20:31
Logitech G Drops a Wide Array Of New Products And Innovations At Logitech G PLAY 2025

Logitech G Drops a Wide Array Of New Products And Innovations At Logitech G PLAY 2025

Logitech G PLAY 2025 is a live-streamed global gaming event that brings together press, partners, creators, and fans to explore the future of gaming. The array of products and experiences included major innovations across PC and console gaming, esports, sim racing, and streaming tools, along with partnerships with McLaren Racing, NVIDIA and more.
Paylaş
Hackernoon2025/09/18 05:42