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The Social Security System (SSS) said it released the second batch of February 2021 pension amounting to P5.2 billion through the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels.
mandmFebruary 17, 2021 The research reports on Philippines Payments Landscape Market report gives detailed overview of factors that affect global business scope. Philippines Payments Landscape Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. Philippines Payments Landscape Market report contains emerging players analyze data including competitive situations, sales, revenue and market share of top manufacturers. Philippines Payments Landscape ...
JCB Philippines Payments Landscape Market Report provides detailed analysis of market trends in the Filipino cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, and cheques during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country’s c...
February 06, 2021 COMPUTER-GENERATED payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security System (SSS) said. Billing months to be covered by this system will be from March 2021 and onwards. The PRN, a system-generated number corresponding to an individual member’s loan billing statement (self-employed, voluntary, Overseas Filipino Worker) or employer, helps facilitate the immediate and correct posting of loan payments to their matching loan accounts. SSS President and Chief Executive Officer Au...
February 01, 2021 THE Social Security System (SSS) has expanded the use of electronic disbursement channels to release benefits to its members. SSS said from January to November 2020, about P168.55 billion in social security and employees' compensation benefits were disbursed using banks, e-wallets, and remittance transfer companies/cash payout outlets (RTCs/CPOs). It accounts for 98.6 percent of the total disbursements worth P170.97 billion to 3.68 million members and beneficiaries during the period. Retirement, Disability, Unemployment, Sickness and Maternity Benefits of indivi...