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Home Business and Livelihood

DSWD taps PayMaya for distribution of AICS assistance

Press Release by Press Release
June 3, 2020
in Business and Livelihood
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In continuation of the efforts of the Department of Social Welfare and Development (DSWD) to improve its delivery of public service, the agency has partnered with e-wallet application, PayMaya, to provide cashless distribution of financial aid to clients of the Assistance to Individuals in Crisis Situation (AICS).
Under the AICS program, qualified indigent, marginalized, poor, or disadvantaged individuals or families may avail of any medical, educational, burial, or transportation assistance as immediate
aid or safety net to help them recover from any crisis situation.
Through the partnership, clients availing of AICS can easily encash their cash aid from any of the 30,000 Smart Padala branches nationwide through their PayMaya accounts. They may also use
the funds in their accounts to pay for bills, groceries, or other daily essentials, purchase airtime load, or send money to other PayMaya users through the PayMaya app.
Last month, DSWD also tapped PayMaya as one of the featured payment methods in the ReliefAgad app. Beneficiaries of the Social Amelioration Program (SAP) may choose to receive their cash aid through their respective PayMaya accounts.
The Department will continue to find innovative, safer, and convenient ways to improve its cash disbursement mechanisms to provide immediate assistance to Filipinos during the public health
crisis. ###
In line with the ReliefAgad presser initiated by the Department of Social Welfare and Development (DSWD), we’d like to share with you a statement from PayMaya Philippines’ Founder and CEO, Orlando B. Vea:
“Mobile wallets like PayMaya are playing a critical role in enabling Filipinos to gain access to much-needed financial aid from government agencies and local government units. We support DSWD and the rest of the government’s efforts to digitize citizen disbursements,” said PayMaya Founder and CEO Orlando Vea.
PayMaya has been working with government agencies to allow beneficiaries to receive financial assistance directly to their PayMaya accounts. It has partnered with the Social Security System (SSS) for the Small Business Wage Subsidy program (SBWS); the Department of Social Welfare and Development (DSWD) for its Assistance to Individuals in Crisis Situations (AICS) fund and most recently, as an option with Relief Agad; as well as the local governments of Manila, Mandaluyong, Pasig, Caloocan, and Quezon City.
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