mbp services proper text-a-sweldo (tas)

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MBP Services ProperMBP Services Proper

Text-A-Sweldo (TAS)Text-A-Sweldo (TAS)

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Text-A-Sweldo

Function(s) Payroll Servicing. Releasing of Employee’s Salary through GCash

Requirements

(for the Client)

• Employees cellphone must have a Globe or TM SIM and registered to GCash or GCash is activated• Institution/Organization must open a deposit account with the bank and maintain a required initial deposit and/or ADB• Institution/Organization must sign an agreement (MOA) with the bank

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Payroll Services through Text-A-Sweldo (TAS)

“Text-a-Sweldo”Payroll Release through G-Cash

Offer Payroll services to employees of

business clients

WIREWIRE

Rural Bank

Employees of the Business Client

Business Owner (Client of the Rural Bank)

Payroll List

Powered by

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Transaction Flow:Text-A-Salary (TAS):

SENDING

Bank Sends G-Cash to employees as payment

for Salary or Payroll Servicing through

GXI’s WIRE system

(Wire=web interface system to send G-Cash)

RECEIVING

• Cash-Out

• Pay Bills

• Shopping

• P2PRB Employees and other

company’s employees

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Benefits to the Organization and Employees

• A once in a lifetime chance to participate in the “first in the world” payroll servicing through Text/SMS.

• Cost-savings – Organization no longer maintains huge Average Daily Balance (ADB) in commercial banks for payroll servicing.

• Convenience – Preparation is simplified. TAS eliminates the tedious process of check preparation, envelope segregation and payroll funding for each employee. Rural Bank handles funding using automated process of sending payout through each employee’s cellphone using the GCash platform. Employees salaries will be received real-time after sending out by the payroll in-charge of the Bank.

• Safety – Receiving salaries and allowances through TAS enables employees to safely keep their salaries in the GCash without the fear of losing it. GCash is protected with 4-digit MPIN. GCash balances are stored in Globe system and not in the cellphone of the GCash holder.

• Extra Savings/Income to Employees - Converting GCash to Load (airtime load) entitles10% discount to Gcash holders.

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