UnionBank, SSS to issue cards for electronic disbursement
UnionBank was tapped by the Social Security System (SSS) to launch the UnionBank SSS Quick Card, a VISA debit card linked to a savings account, which eliminates the need for members to line up in the bank when making their SSS transactions.
The card allows SSS members to have their salary loans and eventually their Sickness, Maternity and Employees Compensation (SMEC) benefits credited in a quick and safe manner. Aside from the crediting of salary loans and SMEC benefits, the SSS Quick Card will eventually be a channel for crediting of SSS pension and pension loans.
To avail of the Quick Card, members can go to a UnionBank kiosk at selected SSS branches, for same day processing and release. There will be kiosks at 16 SSS branches, with pilot kiosks in SSS Diliman, Gil Puyat and Pasig Shaw. The rest will be available in the first quarter of 2016.
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