The National Insurance Scheme (NIS) is the latest local entity to utilise Mobile Money Guyana (MMG), and employers or the self-employed can now pay contributions through the app, directly into the NIS bank account
According to an advertisement published in the Sunday edition of this newspaper, employers who desire to use the MMG option for paying directly into NIS bank account can write a letter to the finance controller, National Insurance Scheme, 6 Camp and Bent streets, Werk-en-Rust or email fc@nis.org.gy.
Upon receipt of the letter, the finance controller will provide the necessary banking details to facilitate the transfer online. Once the transfer is completed, employers in Georgetown can submit a printout of the successful transfer notice and the relevant NIS contribution schedule to the finance division, NIS, Camp and Bent street. Employers in areas outside of Georgetown can submit these documents to the nearest NIS office in their region, according to the advertisement.
After receiving the documents and verifying the payment, the finance controller will issue a receipt to the employer as a proof of payment, which can either be uplifted from the NIS office or mailed to the employer, NIS said.
Additionally employers are asked to include the name of the organisation or business and the month of payment in the description box when transferring payments online.
Self-employed contributors can use MMG to pay their contributions every month or in advance and NIS will issue a receipt as proof of the payment after it is verified, the ad advised. Self-employed contributors must ensure that the correct NIS number – both letter and digits – is stated and the correct payment period is entered.
Meanwhile, NIS issued a reminder that the due date for the payment of contributions is the 15th of each month.
The first app of its kind in Guyana, MMG, which was developed by GTT is a mobile wallet which allows the use of a PIN-protected account to pay bills, shop, and send and receive money among other transactions.
