The Department of Trade and Industry (DTI) set its sights on the Nueva Vizcaya Agricultural Terminal Inc. (NVAT) as the first internationally-compliant, digital-payment-ready agri-terminal in the Philippines.
Following a Quick Response (QR) code onboarding session in Bambang, Nueva Vizcaya, DTI Region 2 provincial director Michael Paggabao reported that the session attracted 100 participants, including cooperatives, truckers, traders, farmers and disposers.
The QRPh code standard, based on the Europay-Mastercard-VISA (EMV) global benchmark, aims to ensure secure financial transactions.
The onboarding marks the first step toward advancing food logistics and driving digital transformation in the province.
The initiative aims to enhance agricultural supply chains by integrating digital payment solutions at NVAT as part of DTI’s three-year Food Logistics Action Plan.
The program will automate essential processes such as parking and lease payments to improve efficiency and transparency.
A key milestone was the accreditation of NVAT with Maya as a merchant account holder, enabling seamless cashless transactions and improving payment accessibility for all stakeholders.
Paggabao emphasized the benefits of digital transformation in simplifying business operations and reiterated DTI’s support for NVAT’s development.