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Philippines
Thursday, March 28, 2024

NHA taps Maya for digital payment of loans

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The National Housing Authority has tapped an alternative online payment option for the monthly amortizations and other fees from housing beneficiaries in select areas in a bid to improve its collection efficiency.

NHA general manager Joeben Tai signed a memorandum of agreement with Maya Philippines Inc. for the digital payments of monthly amortizations in special housing projects in Region II and in the Cordillera Administrative Region II.

Beneficiaries from the selected housing projects would be able to pay their monthly amortization payments and other fees through the Maya bills payment service or the Maya app.

The service would also issue billing notices and remittances of collected payments through email or SMS notifications to the beneficiaries.

The long-awaited proposal for an alternative option to remotely, efficiently and securely pay monthly amortizations was realized during the COVID-19 pandemic when NHA’s manual methods in billing issuances and payment collection did work efficiently and effectively.

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Its adoption may also serve livelihood opportunities to beneficiaries who intend to become merchants in the community for Maya e-wallet cash-ins.

Republic Act No. 8792 or the Electronic Commerce Act of 2000 mandates all government agencies to accept payments through electronic means, and RA 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 mandates all offices and agencies to improve their transactions and procedures.

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