THE Commission on Elections (Comelec) has sat down with various institutions, particularly the financial ones, in order to help in monitoring possible vote buying and selling transactions using modern technology in relation to the upcoming May 9 national and local elections.
This is amid the possibility that not only bank accounts will be used for these transactions but also digital wallet applications and other forms of online money transfers in conducting vote-buying activities.
According to Comelec spokesperson James Jimenez, included in the transactions that the poll body is focusing on are those that involve depositing large amounts of money into a single bank account and then transferred to several smaller bank accounts.
Jimenez believes that owners or developers of digital wallet apps, even other online money transfer and online banking systems, can help identify dubious transactions.