Registering your new vehicle can cost you time and energy, that’s why the Land Transportation Office has decided to adopt an online payment system for the initial registration fees for three years of new motor vehicles and motorcycles.
Currently, the online payment method is available only in Metro Manila, but starting on November 2018, this new system will be implemented to the rest of Luzon, and it will then be extended to Visayas and Mindanao regional offices before the end of the year.
To discuss this new scheme for the Luzon-wide implementation, the LTO-National Capital Region (NCR), led by Regional Director Clarence Guinto, shared insights on the online assessment and payment systems through orientation seminars at the regional office in Luzon.
“People are not only expecting but are demanding the availability of our services online. In the few months that we have been implementing this in Metro Manila, we reduced processing time and avoided heavy queuing for new registration transactions.”
What’s also great about this payment method is that the LTO is using the Electronic Payment Assessment Tool (e-PAT). It is a web-based facility that calculates the amount you have to pay without human intervention, so there would be no opportunity for bribery or extortion. Other forms of payments like license application fees and renewal can also be paid online by next year.
After that, the computed amount from the e-PAT and other details of the payment will be forwarded to the LTO’s partnered bank, Land Bank of the Philippines – Electronic Payment Portal (LBP-EPP). The motor vehicle and motorcycle dealers may use their LBP account to pay for the transaction online. On that note, the payment will be reflected at the LTO-Information Technology System for faster issuance of the vehicle’s official receipt, as well as the Certificate of Registration.
Photo courtesy of Patrick Roque