Landbank and Visa have introduced a government purchase card aimed at replacing cash advances and manual reimbursements for routine public-sector expenses.
The Landbank Visa Government Purchase Card will allow government agencies to pay for low-value purchases, official travel, and recurring expenses through a digital payment system.
The card includes spending limits, merchant restrictions, and digital monitoring. These controls are intended to help agencies track transactions, enforce spending rules, and maintain records for compliance and auditing.
“Digitalizing public finance management amplifies the power of Visa in helping the government make transactions more secure, seamless, and digital,” Visa Philippines Country Manager Jeffrey Navarro said.
“Through this innovation, we see this impactful collaboration with LANDBANK giving government agencies greater control over their processes, enabling them to be more agile and transparent to ultimately improve delivery of services to the Filipino public,” he added.
The companies also plan to launch an integrated digital expense management platform by the fourth quarter of 2026.
The platform will automate transaction capture, reconciliation, approval workflows, and reporting. It will also provide agencies with spending data and help them monitor how public funds are used.
Landbank President and Chief Executive Officer Lynette V. Ortiz said the partnership would bring digital payment technology into the public sector while supporting the national government’s digitalization program.
“Through our strengthened partnership with Visa, we are bringing global payments innovation to the public sector to drive transparency and accountability while advancing the National Government’s digitalization agenda,” Ortiz said.
“This empowers agencies with stronger financial oversight while building a more responsive digital experience for Filipinos,” she added.
The Bureau of the Treasury is among the first government institutions to adopt the purchase card. The agency manages the custody and disbursement of public funds through its 16 regional offices.
The new system could reduce the administrative work involved in government purchases by moving payments, approvals, reconciliation, and reporting into a digital process.
Landbank and Visa, however, did not disclose the card’s spending limits, applicable fees, projected transaction volume, or the number of agencies expected to adopt it. They also did not provide a full rollout timetable beyond the planned fourth-quarter launch of the expense management platform.
