Local governments can now collect revenues through PayWay
A total of six municipalities have been added to the PayWay system where they will be able to collect local revenues using the system.
According to PayWay Uganda, they have successfully activated the Integrated Local Revenue Administration System (IRAS) on their platform to allow residents of Fort Portal, Nansana Entebbe, Gulu, Lira and Mbale to pay taxes using the platform.
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“Municipalities are now able to pay all the local government taxes such as road cutting fees, market stalls, boda boda registration, trading licenses and much more via a PayWay kiosks or retailers,” said the company’s head of Commercial and Marketing, Lonah Kamugisha.
He said the Integrated Local Revenue Administration System (IRAS) that covers all the main local government revenue sources and one time payments was developed as part of the City Credit worthiness initiative funded by the World Bank.
The program currently implemented in 6 Municipalities is under the Uganda Support to Municipal Infrastructure Development (USMID) program aimed at enhancing local own source revenue collections.
The IRAS system was designed to interface with collection agents such as PayWay in order to improve efficiency in service delivery to the specific Municipalities.
“As a market leader in the payments aggregation space, PayWay was given mandate to pilot the IRAS system in Fort Portal and Nansana for eventual roll out to the other Municipalities,”Kamugisha noted.
PayWay is a brand of the African Vending Systems Ltd.
The company develops independent payment software for various platforms and devices to offer easy-to-use tools for every-day payments such as public utilities and taxes, airtime top ups, TV subscriptions, activation of Internet bundles, loan repayments and purchasing of tickets among others.
In 2016, the company partnered with Uganda Revenue Authority to allow taxes be paid via PayWay.
