Since October 1st, the payment of the Real Estate Transfer Tax Declaration can be made through a digital platform.
Elmundo.sv reviews that "... Alejandro Zelaya, Vice Minister of Revenue, reported that not only will there be a reduction in time, but also these 'procedural aspects' will reduce the economic cost of users, such as the elimination of payment to messengers who make the different processes for tax declaration.
The preference for electronic financial transactions increases everyday, but the trend is to migrate to contactless payments, which will allow consumers to make their purchases 10 times faster than the traditional way.
Specialists in the subject explain that unlike the payment methods that until now are the most used in the region, contactless payments simply consist of holding a card in a payment reader to proceed with the transaction.
New technologies will be the basis for changes affecting users of financial services in the future.
Accessing your account from Facebook and financing being offered at the time you buy a product are some of the innovations that we could be seeing in the coming years in the banking industry.
This is one of the conclusions from research conducted by experts in technology and financial services applications, which include, among other things, the ability to soon be able to sign agreements using just a smartphone.
The Directorate General of Customs has launced the PAGOES platform (Electronic Payment of Government of El Salvador).
Through this system, users will pay fees and other costs related to import procedures such as VAT, accessories, fines and excises.
The new method of payment will expedite the paperwork, said Luis Ernesto Angulo, Deputy Director General of Customs, adding that "the user, from the comfort of their home or office, can fulfil their obligations. No more going to the bank to make all the payments. "
In the past ten years, online transactions have grown at a rapid pace.
Banks surveyed by website Elsalvador.com confirms the trend.
El Banco Agrícola currently serves about 150 thousand customers with their online banking service.
In case of Citibank, Consumer Product director, José Eduardo Luna, noted that 30% of transactions performed by individuals are done through online banking.