The Home Development Mutual Fund more popularly known as PAG-IBIG announced that their members can make their payments through mobile commerce service GCASH.
The Pag-IBIG Fund already signed a memorandum of agreement with Globe Telecom’s subsidiary G-Xchange Inc., for the new payment facility for their estimated 12 million members nationwide.
Members of the Pag-IBIG will no longer have to go the Pag-IBIG office or any accredited payment center to pay for their monthly mandatory savings and housing loans, since they can just use GCASH.
Paying contributions and housing loans via GCASH is free of charge up to December 18, 2013. A minimal service fee of P5 will be charged per Pag-IBIG transaction via GCASH.
Here’s a Statement made by Pag-IBIG: Pag-IBIG Fund president and chief executive officer Darlene Berberabe said in a press conference in Makati:
“We are excited to offer this to OFWs, kasambahays, self-employed such as lawyers and doctors, so they can’t complain that it is inconvenient to go to Pag-IBIG branches or banks. It is very secure and convenient. Globe is regulated by BSP to ensure the protection of the customers in mobile commerce,”
