MANILA — Payments to the Social Security System (SSS) via mobile phones will be allowed soon as a result of a memorandum of agreement signed between SSS and G-XChange Inc.
The agreement allows SSS members to remit their SSS contributions and loan amortizations with the use of G-XChange’s mobile remittance facility called “G-Cash,” which is offered exclusively to Globe and TM Network subscribers.
G-Cash is a free mobile application, which serves as a virtual wallet offering users a secure, fast and convenient money transfers using mobile phones.
For SSS transactions, a one-time registration is required, and payments are free of charge.
SSS Vice-President for Member Services Division Mario R. Sibucao said this new facility will be opened to household employers, voluntary members and self-employed individuals, including farmers, fishermen and non-working spouses.
“We are encouraging our members to register in this new payment facility once it is rolled out. It promises prompt remittance of their contributions and loan amortizations at their convenience,” Sibucao said.
To make payments via G-Cash, SSS members will need to load their G-Cash accounts to cover their payments for contributions and loans. The member will receive a text message for every successful transaction.