The Social Security System (SSS) and Union Bank of the Philippines (UnionBank) have announced the development of the MySSS Card, a new 2-in-1 solution that combines an SSS-issued functional ID with a UnionBank-powered Visa debit card.

This initiative builds on a previous card partnership that has issued hundreds of thousands of cards since 2022.

The card aims to provide SSS members with a more secure and convenient way to receive their benefits, loans, and refunds directly into an associated UnionBank savings account.

Members will be able to apply for the card through the UnionBank Online app.

“This partnership marks a major step forward in making government services more accessible and efficient for our members,” said Robert Joseph M. De Claro, President and CEO of SSS. “The MySSS Card empowers our members with a secure and convenient way to receive their benefits, while also serving as an official SSS-recognised ID,” he continued.

Ana Aboitiz Delgado, President and CEO of UnionBank, noted that the new card will significantly broaden the user base.

“This new product will allow SSS members with a Philsys ID to get a MYSSS card, broadening the eligible base to over 40 million Filipinos. We are proud to be partners in this initiative that enhances financial inclusion,” she said.

The partnership reflects a shared goal between the SSS and UnionBank to make financial services more accessible, particularly to the unbanked.

The companies have yet to announce the official release date for the MySSS Card.

Featured image: Edited by Fintech News Philippines based on images by evening_tao via Freepik and UnionBank.