SSS to start issuing electronic IDs to members by end of July (Philippine Daily Inquirer)
The ID is multipurpose because, according to De Quiros, it will eventually serve the purpose of an ATM card that members may use to withdraw benefits from automated teller machines. The card will be embedded with a chip and magnetic stripe.
Moreover, the card may also be used as identification in making transactions with the Government Service Insurance System, Home Mutual Development Fund (Pag-IBIG), and Philippine Health Insurance Corp.
