(Cont. Ord. No. 2022-18, enacted on 29 day of November, 2022)
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8. The LGU shall develop its information, education and communication campaign (IECC) to promote and sustain the objective of the Paleng-QR Ph program. This will cover, among others, a financial literacy program using appropriate channels on key topics such as effective use of digital payments in business; financial services for micro and small enterprises; and financial consumer protection.
9. Disseminate through appropriate channels/methods (e.g., LGU's official social media pages) Paleng-QR Ph, financial inclusion and financial literacy materials developed by the BSP and other stakeholders.
10. Maintain a record on participating merchants under the Paleng-QR Ph program.
b) The Participating Financial Service Providers (FSPs) shall:
1. Provide personnel, customer assistance booths, and other appropriate resources, including QR code printouts, deemed reasonable to ensure successful conduct of LGUS of Paleng-QR Ph program "account opening day(s)":
2. Provide target users with appropriate materials on opening a transaction account, using QR Code payments and other digital financial services;
3. Provide resource speakers and contents, as requested, for the LGU's financial literacy program:
4. Assign competent contact person(s) to the LGU for efficient and timely coordination on the program implementation; and
5. Provide special offers for accounts opened under the Paleng-QR Ph program such as free microinsurance coverage for a certain period (e.g., three months; t-shirts and other wearables; and special user rebates for a limited period.
Participation of FSPs in the program shall be non-exclusive,
c) The Covered merchants and local transportation shall:
1. Open and maintain a QR Ph-ready transaction account. In the event the covered entity does not have an account, entity commits to have an account six months after effectivity of the ordinance;
2. Explicitly display their QR Ph code in their store or vehicle where it is visible to customers and passengers;
3. Make QR PH payments available as a method of payment:
4. Participate in the information campaign, financial literacy program and other relevant activities that will be facilitated by the LGU and FSPS.
