Mobile payments to Social Security System (SSS) will be available
soon with the memorandum of agreement signed between the state agency
and G-XChange Inc.
The agreement allows SSS members to settle their SSS contibutions and
loan amortizations through 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
the 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 rolled out. It promises prompt remittance of their
contributions and loan amortizations at their convenience."
To make payments using 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 confirmation text message for every successful
transaction.
The Mrmotsandfum of Agreemment between SSS and G-Xchange was signed
by officials represented by SSS Vice President for Member Services
Division Mario R. Sibucao, SSS President and Chief Executive Officer
Emilio S. de Quiros Jr. and G-Xchange Inc. President Paolo Eugenio J.
Baltao.
Witnessing the signing ceremony were SSS Senior Vice President for
Information and Technology Management Group Joel A. Layson, SSS
Assistant Vice President and Officer in Charge for Service Delivery
Department Rene N. Malto, G-Xhange Inc. Chief Operations Officer Renato
Rex Xavier Marzan, and G-Xchange Inc. Director for Merchant Acquiring
Remo M. Garovillo. (SSS)
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