The Government Service Insurance System (GSIS) has deployed an additional Point of Sale (POS) terminal in Northern Samar. The additional Point of Sale (POS) terminal is in the M. Lhuillier branch in Catarman, Northern Samar.
POS terminals are deployed to M. Lhuillier branches near GSIS servicing offices located in areas without Union Bank ATMs and in places completely without or have low accessibility to any ATM network.
The deployment provides an alternative option for the GSIS members and pensioners with no ATM presence within their vicinity, to withdraw their respective loan proceeds or pension benefits using the POS terminal, for a fee.
The members can also inquire about their Union Bank account using the POS terminal. Such balance inquiries are free of charge, GSIS reported.
In order to be able to transact using the POS, the members or pensioners need to bring their eCard Plus and another valid ID. The minimum amount that may be withdrawn through the POS is P100.00 per day while the maximum is P50,000.00.
The amount to be withdrawn must be divisible by 100 just like that in ATM. This deployment brings the total number of POS terminals in Eastern Visayas to 15.