New payroll system prevents pawning ATM cards

ILOILO CITY — The new payroll system of the Iloilo City Government will bar employees from making their ATM cards as collateral when they apply for a loan.

This was emphasized Monday by City Administrator lawyer Hernando Galvez as he revealed that the city government has already signed an agreement with the Development Bank of the Philippines (DBP) for the Payroll Software System.

The shift to the new system was meant to fast-track the release of salaries of regular and job hire employees at the city hall, he said.

“We expect that within the month we can have this in place,” he said.

Once fully implemented, their ATM cards will also serve as their identification card (ID), which has to be with them at all times. The ID and fingerprints will be used when they log in for their attendance.

Galvez said this will be an effective way to prevent employees from pawning their ATM cards.

The city government, he said, has already requested 40 biometrics machines from the DBP.

Currently, there are only eight available biometrics machines.

After the signing of the agreement, a one-month grace period was given to allow migration to the new system. It is expected that by August and September, it will go full swing, provided there are no glitches in the migration.

Another feature of the system is that the salary of employees will be computed electronically. In case the employees failed to log in, then it will be entered into the system manually.

Galvez said the old system failed to realize its goal and instead, the biometrics only functioned as a bundy clock. (Perla Lena/PNA)

Popular

DOLE vows sustained job efforts as number of employed Pinoys rise in June

By Brian Campued The Department of Labor and Employment (DOLE) on Thursday welcomed the increase in the number of employed Filipinos in June 2026, noting...

Gov’t remains vigilant amid external, weather shocks as PH inflation eases in July

By Brian Campued As the headline inflation continues to ease, Malacañang underscored the need to maintain vigilance against the risks posed by global challenges and...

COA witness: No proof OVP reward payouts yielded results

By Wilnard Bacelonia | Philippine News Agency The Office of the Vice President (OVP) failed to submit documents showing that the government benefited from confidential...

BIR expands list of VAT-exempt medicines to 2.2K

By Brian Campued The Bureau of Internal Revenue (BIR) has increased the number of medicines exempted from value-added tax (VAT) in support of President Ferdinand...