State-run Social Security System (SSS) has tapped the Bank of the Philippine Islands (BPI) as a new payment channel for members to pay their contributions through the pension fund’s mobile app conveniently.

In a statement, Aurora C. Ignacio, SSS president and chief executive, said individual members who have existing BPI accounts can now pay their contributions right at the comfort of their homes.

Ignacio said the new online payment gateway is very timely with the pension fund’s shift to digital platforms since its members are now familiarized with various electronic and online facilities.

“While the pandemic played a major role for SSS to focus its resources on the digitalization of its core and business processes, the transition is actually one of the top priorities under the new charter,” Ignacio said.

“We are glad our payment partners are also integrating their systems with ours to further improve services thru hassle-free and safe transactions,” she added.

SSS members must download the SSS Mobile App in Google Play Store, Apple App Store, or Huawei AppGallery.  

The app requires log-in details as registered in the member’s My.SSS account. They can then generate a Payment Reference Number (PRN) in the SSS Mobile App by clicking the “Generate PRN/SOA” icon.

Members may opt to download a PDF copy of the PRN or pay immediately using the “Pay” button in the interface.

They must tap “BPI” as the payment method channel, then “OK” to confirm the prompted payment details, and “PROCEED” to be redirected to the BPI secure site.

Individual members such as Self-employed, Voluntary, and Overseas Filipino Workers (OFW) who have existing BPI accounts can now pay their contributions through the SSS mobile app.

At the BPI authentication page, members must provide their BPI log-in credentials and select the preferred account.  

BPI will then send a six-digit One-Time PIN to the member’s enrolled mobile number, which they must enter to confirm and complete the payment process.  

Successful payment notifications from BPI and the SSS Mobile App will be displayed showing the date and time of payment, PRN, applicable period, SSS contributions, total contribution, total payment, and transaction reference number.

A convenience fee of P15 will be deducted from the BPI account for each successful transaction.  

Aside from BPI, SSS members can also pay their contributions through their PayMaya accounts and other online transactions offered by partner-banks and collection partners.


Source: Manila Bulletin (https://mb.com.ph/2021/03/19/sss-taps-bpi-as-new-payment-channel/?utm_source=rss&utm_medium=rss&utm_campaign=sss-taps-bpi-as-new-payment-channel)