[23 JULY 2020] Social Security System (SSS) members can now safely and conveniently claim proceeds from their SSS benefits without leaving their homes by enrolling their PayMaya accounts as their default disbursement option in their My.SSS online portal.
SSS members only need to enroll their PayMaya accounts through the My.SSS member portal (http://member.sss.gov.ph) by entering their PayMaya-registered mobile number under the “Account Number” field at the Bank Enrollment portion of the portal.
Proceeds from the SSS funeral and unemployment benefits, among others, may be coursed through the member’s PayMaya account. Soon, members may also receive their calamity, salary, and other loan proceeds via PayMaya.
The move is part of SSS’s efforts to migrate to a ‘checkless’ disbursement process and completely electronic way to distribute funds and other proceeds to their members in response to the growing need to go digital and practice physical distancing given the current public health situation.
“As the country deals with the effects of the pandemic, our digitalization efforts at SSS become a crucial part in ensuring that we deliver not just continuous but also safe service to all of our members. We are glad to continue expanding our partnership with PayMaya not just in allowing electronic payments of member contributions but in the fast and safe disbursement of their benefits as well,” said Aurora Cruz-Ignacio, President and CEO of SSS.
“SSS has been one of the leading government agencies aggressively implementing digitalization of their services, and we’re glad to enable them with our end-to-end digital platforms so that their members can conveniently and safely transact with them wherever they are,” added Orlando B. Vea, Founder and CEO of PayMaya.
Accelerating digitalization of government
The availability of PayMaya as a disbursement option for claims and benefits is part of its partnership with SSS in the latter’s efforts to ramp up the digitalization of its member services.
In 2019, SSS launched the capability to accept credit and debit card as well as e-Wallet account for contribution payments via its new mobile app powered by PayMaya Checkout, allowing its members to remit their regular contributions anytime, anywhere–even if they’re abroad.
At the height of the COVID-19 pandemic, PayMaya also provided the SSS a way to quickly and easily disburse proceeds for its Small Business Wage Subsidy (SBWS) program to qualified MSME employees via their PayMaya accounts, allowing them to still receive much-needed government aid even without a bank account.
To date, PayMaya has helped disburse over P1.4 billion in financial aid from the various national agencies and local government units to their respective constituents through digital means, allowing recipients to quickly and safely receive funds using only their mobile phones. For more information on PayMaya’s digital payment solutions for government, email email@example.com.
SSS members who want a more convenient way to receive their loan proceeds and benefits can simply download the PayMaya app for Android or iOS at https://official.paymaya.com/CAK1/425eb133 and register for an account using their mobile number.
PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines, with platforms and services that cut across consumers, merchants, and government. Aside from providing payments acceptance for the largest e-Commerce, food, retail and gas merchants in the Philippines, PayMaya enables national and social services agencies, as well as local government units, with digital payments and disbursement services.
Through its app and wallet, PayMaya provides millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide, more than double the total number of traditional bank branches in the Philippines combined. Its Smart Padala by PayMaya network of over 30,000 partner touchpoints nationwide serves as last mile digital financial hubs in communities, providing the unbanked and underserved with access to services. To know more about PayMaya’s products and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.