GSIS loan collection via Bayad Centers reaches P65-M
Bayad Center (File photo) MANILA - State pension fund Government Service Insurance System (GSIS) has collected over PHP65 million in loan payments made through Bayad Centers following the accreditation of more branches of the collection partner. GSIS's partnership with Bayad, which started in April this year, provides members a secure and convenient alternative to paying their loans and supports the pension fund's goal to improve its loan collection efficiency. "Initially, there were only 1,689 active Bayad outlets. As of September 2021, there are 2,836 Bayad collection sites acro...