This developed after the Lapu-Lapu City Council on Friday, Oct. 7, 2022, approved an ordinance that would encourage and allow cashless payment for goods bought at the Lapu-Lapu City Public Market and for the tricycle fare.
The ordinance also showed that Oponganons or Lapu-Lapu customers will not be prohibited from paying in cash for their goods or fare. As for the Paleng-QR PH Program, it was an undertaking of the Bangko Sentral ng Pilipinas and the Department of Interior and Local Government . The ordinance said that moving toward greater financial inclusion would be beneficial for market vendors and tricycle drivers due to convenience and the benefits of using a transaction account and other digital financial services.
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