{"id":36564,"date":"2019-09-24T22:36:48","date_gmt":"2019-09-24T14:36:48","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=36564"},"modified":"2019-09-24T22:36:50","modified_gmt":"2019-09-24T14:36:50","slug":"nhmfc-paymaya-strengthen-partnership-for-more-convenient-housing-finance-system","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2019\/09\/24\/nhmfc-paymaya-strengthen-partnership-for-more-convenient-housing-finance-system\/","title":{"rendered":"NHMFC, PayMaya strengthen partnership for more convenient housing finance system"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In support to the government\u2019s mandate to make public service more convenient and accessible to Filipinos, the National Home Mortgage Finance Corp. (NHFMC) expanded its partnership with PayMaya to allow its male and female borrowers to conveniently pay their housing loans anytime, anywhere.\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the renewed partnership,&nbsp;NHMFC&nbsp;borrowers can soon pay for their housing loans at the&nbsp;NHMFC&nbsp;website using any Visa, Mastercard, or JCB credit, debit, and prepaid card as well as via their mobile numbers linked to their PayMaya account.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2015, PayMaya, through Smart Money, was tapped by&nbsp;NHMFC&nbsp;to allow its borrowers to pay for their housing loans through their mobile phones.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThrough the new online payment facility on the&nbsp;NHMFC&nbsp;site, our borrowers no longer have to leave the convenience of their homes to travel and pay for their monthly amortization. They can pay their housing loans even on weekends and holidays, wherever they are by just going to our website,\u201d said&nbsp;NHMFC&nbsp;President Felixberto U. Bustos, Jr.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moreover, for the secondary mortgage institution, Bustos said \u201cit will enhance its payment collection and will allow both&nbsp;NHMFC&nbsp;and the borrower to have the payment posted almost real-time.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For his part, PayMaya Enterprise Head Mar Lazaro said: \u201cThis renewed collaboration allows&nbsp;NHMFC&nbsp;to bring a more efficient and convenient public service to their borrowers. Making public service accessible to all Filipinos is in line with our thrust at PayMaya to push for financial inclusion through our digital financial services.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PayMaya has been ramping up its collaboration with various government agencies to enable them inclusive and integrated digital payments solutions, aligned with the goal of&nbsp;making public service more convenient, accessible, and fast for the people.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of 2012, the&nbsp;Housing Industry Roadmap of the Philippines: 2012-2030 report of the Subdivision &amp; Housing Developers Association, Inc. showed 3.9 million in housing backlogs or 832,000 families who cannot afford to purchase a house. To address this, the&nbsp;Housing and Urban Development Coordinating Council and other shelter agencies have been working together to implement a comprehensive housing roadmap.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PayMaya is the only digital financial services company with an integrated suite of solutions for consumers and merchants complemented by the widest remittance partner agent network. It is the financial technology arm of Voyager Innovations, the leading technology company in the country backed by PLDT, KKR, Tencent, World Bank\u2019s IFC, and the IFC Emerging Asia Fund. Its &#8220;one payment platform&#8221; enables the country&#8217;s top eCommerce sites, major retail and quick-service restaurants, government institutions, as well as MSMEs, allowing them to accept multiple kinds of cashless payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In support to the government\u2019s mandate to make public service more convenient and accessible to Filipinos, the National Home Mortgage Finance Corp. (NHFMC) expanded its partnership with PayMaya to allow its male and female borrowers to conveniently pay their housing loans anytime, anywhere.\u00a0 With the renewed partnership,&nbsp;NHMFC&nbsp;borrowers can soon pay for their housing loans at [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":36565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[3682,96],"class_list":["post-36564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-paymaya","tag-technology"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36564","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\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=36564"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/36565"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=36564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=36564"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=36564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}