Rewire allows Filipino migrants to pay Social Security System

Monday 15 June 2020 10:27 CET | News

Rewire has recently partnered with a Philippines government authorised company to offer the needed infrastructure for OFWs, Overseas Filipino Workers, to pay their Social Security System.

Among other important financial services provided online include remittance, a European bank account and a debit card, and SSS payments through an app. Thus, Filipino customers can pay the SSS payment at 4pm or 4am and the outcome will be the same.

Migrants may need to pay taxes and relevant fees for the new home, as well as for the home in the country of origin. In addition, Filipino migrants need to learn how to manage finances in more than one country until they retire.

Thus, making SSS payments will ensure a monthly pension from the SSS. The Filipino migrants will receive retirement funds from the insurance, which will help cover the basics such as utility bills, healthcare, and more. Rewire provides an international neobanking platform for migrant workers who transfer most of their earnings to their motherland.

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Keywords: Rewire, Social Security System, utility bills, healthcare, neobanking platform, Philippines, remittances
Categories: Banking & Fintech
Countries: Philippines
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Banking & Fintech

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