After the initial release of the Pag-IBIG Loyalty Card Plus in NCR in August, Pag-IBIG Fund is launching the new and improved version of the Pag-IBIG Loyalty Card in Cebu and making it available in more areas in the Visayas.
Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti unveiled the new Pag-IBIG Loyalty Card Plus in an event held in Cebu City.
“The new and improved Pag-IBIG Loyalty Card Plus can now be used as a cash card. Now, our borrowers can receive the proceeds of their multi-purpose loans, MP2 dividends, and other benefits through the Loyalty Card Plus. This is in line with the call of President Duterte for government to use electronic means to make transactions easier and faster,” Moti said.
The Loyalty Card Plus can now also be used as a debit card for cashless transactions and is equipped with an EMV chip — the same technology used in debit and credit cards — to ensure security of transactions. To enable the cash card feature of the Loyalty Card Plus, Pag-IBIG Fund partnered with two of the biggest names in the banking industry. The Fund inked deals with Union Bank of the Philippines and Asia United Bank, both of which issue the Pag-IBIG Loyalty Card Plus. The agency is looking to partner with more banks in the future to bring even more improved services to members.
The card shall also be used to access the agency’s soon-to-be launched Virtual Pag-IBIG, an online service facility which will allow members to transact anytime, anywhere.
The next leg of the Sulong Pilipinas workshops this year will be held in the city of Iligan in Northern Mindanao on 14 September, the Department of Finance has said.
Sulong Pilipinas is jointly organized by the government and the business community to receive the recommendations of the private sector on how the Duterte administration can better deliver its goal of a secure and comfortable life for every law-abiding Filipino.
Finance Assistant Secretary Antonio Lambino II said the Philippine Chamber of Commerce and Industry (PCCI) is helping organize this year’s series of the Sulong workshops.
The PCCI has been a strategic partner of the Sulong workshops since its inception in June 2016 before then-Mayor Rodrigo Roa Duterte took over as President.