The Government Service Insurance System (GSIS) has teamed up with Maya, the country’s only end-to-end digital payments company, making it the newest online payment option for GSIS loan borrowers.
“We are enhancing our digital payment platforms to provide convenience to our members and pensioners. Maya will further simplify the payment process, enabling borrowers to settle their loans conveniently anytime, anywhere,” GSIS President and General Manager Wick Veloso said.
Through this partnership, Maya (formerly PayMaya) becomes one of the payment choices available within the GSIS mobile app, GSIS Touch. Maya acts as a conduit for various banks and eWallets, facilitating faster and more secure loan payments.
“We believe in the transformative power of digital payments for government services, and we’re proud to enable borrowers to settle their loans using Maya, making the process easier, faster, and accessible to all,” said Maya Head of Enterprise Pete Cruz.
To make a payment, members and pensioners may transact through the GSIS Touch, select the loan type and payment amount, and choose the Maya option under the eWallets section. They will then be directed to the Maya app to confirm the payment, with payment details emailed to them for confirmation. GSIS Touch now allows payments for several loans, including GSIS Multipurpose Loan Flex, GFAL-Education Loan, Policy Loan, Emergency Loan, and Pension Loan.
Borrowers with e-wallet accounts in Maya, GCash, JuanCash, Starpay, TayoCash, and USSC Money Services Inc. (UMSI), as well as bank accounts in AllBank, AUB, Cebuana Bank, Chinabank, LANDBANK, Metrobank, PNB, PSBank, RCBC, UnionBank, and VYBE by BPI, can use the Maya option.
This initiative by GSIS conforms with Republic Act No. 8792, the Electronic Commerce Act of 2000, and RA 11032, the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, which mandate government agencies to utilize electronic means for transactions and ensure efficient service delivery to the public.