How to Pay SSS Loan Using PayMaya

Many people in the Philippines are now turning to making payments online. Including managing loan payments. The Social Security System (SSS) offers various loan programs to its members, but using traditional payment methods can sometimes be time-consuming.

Fortunately, the rise of e-wallets like PayMaya presents a convenient and safe alternative to paying off your SSS loan obligations.

For those of you who are used to using Paymaya every day to make purchases or pay bills. You can easily pay your SSS loan using PayMaya with the method we share with you this time.

How to Pay Your SSS Loan Using PayMaya

Benefits of Paying Your SSS Loan Using PayMaya

Opting for PayMaya as your SSS loan payment method offers several advantages:

  • Convenience: Pay anytime, anywhere. You can settle your loan obligations 24/7 without venturing out or waiting in long queues at banks or SSS branches.
  • Security: PayMaya employs robust security measures to protect your financial information. Transactions are encrypted, minimizing the risk of fraud.
  • Efficiency: The entire process is streamlined and efficient. You can make payments in a matter of minutes, saving you valuable time.
  • Real-time Updates: PayMaya transactions reflect instantly on your SSS account, providing immediate peace of mind.
  • Transaction History: Access your payment history within the PayMaya app, allowing you to easily track your loan settlements.

How to Pay SSS Loan Using PayMaya

There are two primary methods for paying your SSS loan using PayMaya:

  • Using a Payment Reference Number (PRN): This method requires obtaining a PRN beforehand, which acts as a unique identifier for your loan payment.
  • Scan to Pay: This method utilizes a QR code generated within the SSS mobile app for a more streamlined approach.

Let’s delve into the detailed steps for each method:

A. Using a Payment Reference Number (PRN)

Step 1: Obtain your PRN.

There are three ways to acquire a PRN:

  • Generate it online:
    • Visit the SSS website (www.sss.gov.ph) and log in to your My.SSS account.
    • Navigate to the “e-Services” section and select “Generate PRN.”
    • Choose “Loan Payment” and enter your necessary details.
    • Review the information and confirm. Your PRN will be displayed on-screen.
  • Generate it using the SSS Mobile App:
    • Download and install the SSS Mobile App from the Google Play Store or App Store.
    • Log in using your My.SSS credentials.
    • Tap on “Transactions” and choose “Generate PRN.”
    • Select “Loan Payment” and enter the required information.
    • Upon confirmation, your PRN will be displayed within the app.
  • Get it from a recent SSS statement:
    • If you have a recent SSS statement, your PRN might be printed on it. Locate the section pertaining to your loan account and look for the reference number.

Step 2: Make the payment through PayMaya.

  • Open the PayMaya app on your smartphone.
  • Log in to your account using your registered mobile number and password.
  • Tap on “Pay Bills” from the app’s main menu.
  • Search for “SSS” in the billers list.
  • Select “SSS – Loan Payment.”
  • Enter your 10-digit SSS number followed by your PRN.
  • Double-check the details you’ve entered to ensure accuracy. Incorrect information might delay the processing of your payment.
  • Input the amount you intend to pay towards your loan.
  • Review the transaction details, including the biller name, reference number, and payment amount.
  • If everything is correct, proceed to confirm the payment.
  • Enter your PayMaya PIN to finalize the transaction.

Step 3: Verify your transaction.

  • Once the payment is successful, you’ll receive a confirmation notification from PayMaya via SMS and within the app.
  • This notification will provide details like the transaction reference number and date.
  • You can also access your transaction history within the PayMaya app to review past payments.

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B. Using Scan to Pay

This method leverages a QR code for a more expeditious payment process.

Step 1: Generate a QR code for your SSS loan payment.

  • Open the SSS Mobile App and log in with your credentials.
  • On the main menu, tap on “Transactions.”
  • Select “Pay Contribution/Loan” and choose “Loan Payment
  • Review the details displayed, including your loan information and payment amount.
  • If everything is accurate, tap “Confirm.”
  • A QR code will be generated on your screen.

Step 2: Make the payment using PayMaya.

  • Open the PayMaya app and log in to your account.
  • Tap on “Scan to Pay” from the app’s main menu.
  • Allow access to your device’s camera if prompted.
  • Scan the QR code displayed on your SSS Mobile App screen using the PayMaya app.
  • The transaction details, including the biller name, reference number, and payment amount, will automatically populate the PayMaya app.
  • Review the information carefully before proceeding.
  • Enter your PayMaya PIN to confirm the payment.

Step 3: Verify your transaction.

  • Similar to the PRN method, you’ll receive a confirmation notification through SMS and within the PayMaya app upon successful payment.
  • This notification will provide details like the transaction reference number and date.
  • You can also access your transaction history within the PayMaya app for future reference.

Important Reminders and Considerations

  • PayMaya charges a minimal convenience fee for processing SSS loan payments. This fee is typically displayed during the confirmation stage before finalizing the transaction.
  • Ensure you have sufficient funds in your PayMaya account to cover the loan payment amount and any applicable fees.
  • Double-check all information before confirming the payment, particularly your SSS number, PRN (if applicable), and payment amount. Errors might cause delays or complications in processing your payment.
  • Retain your transaction confirmation as proof of payment. PayMaya notifications and your transaction history within the app serve as evidence.
  • For inquiries or troubleshooting, contact PayMaya customer service through their official channels or the SSS website for any loan-related concerns.