It will soon be possible to make payments for government services electronically. Finance Minister Larry Howai yesterday announced that regulations to allow for Internet-based payments will be rolled out over the next 18 to 24 months.
The minister, who made a statement in the House of Representatives yesterday on the Exchequer and Audit (Electronic Funds Transfer) Regulations 2015, said the changes will allow citizens to make payments at government offices using debit and credit cards."This means that citizens will no longer need to walk with exact cash when they come to a government office to transact business," he said.
Howai said the new system, which is being implemented in conjuction with InfoLink and commercial banks, will result in reduced transaction processing costs, improved efficiency and increased visibility and control.At present most government payments are made by cheques and receipts by way of over-the-counter transactions.