{"id":36539,"date":"2019-09-20T15:40:29","date_gmt":"2019-09-20T07:40:29","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=36539"},"modified":"2019-09-21T18:15:23","modified_gmt":"2019-09-21T10:15:23","slug":"city-of-manila-inks-partnership-with-paymaya-for-citizen-benefits-card-for-seniors-pwds-and-solo-parents","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2019\/09\/20\/city-of-manila-inks-partnership-with-paymaya-for-citizen-benefits-card-for-seniors-pwds-and-solo-parents\/","title":{"rendered":"City of Manila partners with PayMaya for citizen benefits card for seniors, PWDs and solo parents"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In line with the city ordinance signed by Manila Mayor Francisco \u201cIsko Moreno\u201d Domagoso last July which provides for monthly stipends for the city\u2019s senior citizens, persons with disabilities (PWDs), and solo parents, the City of Manila has entered into a partnership with digital financial services provider PayMaya so that these citizens will soon conveniently receive financial assistance and other benefits using an all-in-one citizen ID card.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through\nthe PayMaya-enabled citizen ID cards, disbursement of stipends can now be more\nefficient for the city government and more convenient for recipients. There is\nno need for them to go to the city hall or other government offices to be able\nto receive their allowances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe\nare happy to partner with PayMaya for this groundbreaking initiative for the\nCity of Manila, which will help empower some of the most vulnerable citizens of\nour nation\u2019s capital. Utilizing financial technologies to deliver efficient and\ntransparent government services is in line with our goal of transforming Manila\ninto a \u2018smart city\u2019 of the future,\u201d Domagoso said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apart\nfrom being able to receive monthly stipends through their ID cards, recipients\ncan also utilize other financial services once they link the card to the\nPayMaya app. These include access to discounted airtime load for all mobile\nnetworks, accessible bills payment, QR and card payments in PayMaya-enabled\nstores, restaurants, and groceries, sending money to other PayMaya account holders,\nand withdrawal of cash, among many others.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe\ncongratulate the City of Manila for this very progressive initiative, which\nbuilds on Mayor Isko\u2019s string of citizen-centered initiatives over the last few\nmonths. PayMaya and the City of Manila have the same goals of enabling all\ncitizens, and this partnership is just the first step toward that aspiration,\u201d\nsaid PayMaya founder and CEO Orlando B. Vea.&nbsp;\n&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The\npartnership, which aims to bring convenience to select Manila citizens, is just\npart of PayMaya\u2019s mission of enabling financial inclusion all over the country,\nparticularly the unbanked and underserved segments of the society.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By\nequipping them with an ID that doubles as a payment card, these citizens are\nempowered with tools that give them access to a financial account and help\nbuild their credit history that will open up opportunities for them to sign up\nfor more financial products in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With\nat least seven in 10 Filipinos not having a formal bank account according to\nthe Bangko Sentral ng Pilipinas (BSP), this initiative will also help the BSP\u2019s\ngoal of increasing the percentage of digital transactions in the country by 20%\nby 2020, as outlined in the National Retail Payments System (NRPS) initiative.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe\nare confident that with initiatives like this for the citizens of Manila, more\nFilipinos would be able to reap the benefits of digital services like PayMaya\nin their day-to-day lives,\u201d Vea added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Through the PayMaya-enabled ID cards, disbursement of the stipends will be more efficient for the city government and more convenient for the recipients, because they no longer have to go to the city hall or other government offices to be able to receive their allowances. <\/p>\n","protected":false},"author":4,"featured_media":36540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6888,3682],"class_list":["post-36539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-isko-moreno","tag-paymaya"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=36539"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/36540"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=36539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=36539"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=36539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}