With the enhanced community quarantine in Luzon and other provinces in Visayas and Mindanao still in place, many employees and workers have had their livelihoods affected, particularly those working in industries and businesses that were forced to temporarily suspend operations. Thankfully, employees and workers affected can see if they qualify for the national government’s Small Business Wage Subsidy (SBWS) program through the Social Security System (SSS) or apply for other loans and have the funds disbursed safely and conveniently to their PayMaya account.
Receive your SSS wage subsidy and other loans conveniently via PayMaya
PayMaya has partnered with SSS to be the only e-wallet that can receive SBWS funds from the government, allowing even those without a bank account to conveniently receive the subsidy by simply signing up for a PayMaya account using their mobile devices.
All you have to do is make sure to provide your PayMaya mobile number to your employer, who will then enroll your PayMaya account to be linked to SSS once they receive access to the SBWS application portal.
Easily receive your wage subsidy via PayMaya
To get started, simply follow these steps to register for a PayMaya account:
1) Download the PayMaya app on your iOS or Android phone
2) Register for an account using your Mobile Number, Name, and Email Address1
3) Enter the Verification Code that will be sent to the Mobile Number you registered with
4) Upgrade your account by accessing the menu and tapping “Upgrade Your Account”
5) Once your account is set up and upgraded, give your PayMaya mobile number to your employer who will then enroll your account through the SSS online portal
Once enrolled, loan proceeds and wage subsidies can now be disbursed to your PayMaya account once the funds are available. Wage subsidies and loan applications are subject to the approval of SSS and based on the eligibility of employees after an application has been submitted by their respective employers.
To successfully receive your wage subsidies and loan proceeds via PayMaya, make sure that your PayMaya accounts are upgraded. For a faster and smoother upgrade process, uploading a Unified Multi-Purpose ID (UMID) is recommended. Likewise, ensure that the information in your upgrade application form is the same as the one reflected in your ID. For more information on how to upgrade your PayMaya account, visit www.paymaya.com/upgrade.
Once upgraded, you may encash the funds through the more than 30,000 Smart Padala centers nationwide or withdraw the funds at any Bancnet ATMs currently available using their physical PayMaya card.
The application period for this subsidy program has been extended until May 8, 2020.
To learn more about how to set up and use a PayMaya account, visit the PayMaya Quick Guide website here.
ALSO READ: How to pay your SSS contributions using the PayMaya app
Aside from offering convenience, utilizing PayMaya for various digital transactions is also a safer way to pay as part of physical distancing and health measures. Using the PayMaya app, Filipinos can continue doing transactions such as paying their bills, settling government dues, buying airtime load for themselves or their friends, or sending money to loved ones in the provinces all at the safety of their own homes.
About PayMaya
PayMaya is the leading digital financial services company in the country that offers end-to-end payment solutions with the widest on-ground branch network. It is the first to give millions of Filipinos an e-wallet that allows them to pay cashless transactions at any time of the day, anywhere in the world, and from any device.
Footnotes
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