Sunday, 11 May 2025, 7:33 am

    SEC partners with MyEG in online, OTC transactions

    The Securities and Exchange Commission and MyEG Philippines Inc. are partners in an endeavor extending both online and over-the-counter services as payment options for transactions at the SEC. 

    The public may now pay registration and transaction fees for Articles of Partnership, Articles of Incorporation, fees for financing/lending companies, exchanges, registration as investment company, application for accreditation, general certifications, certification on corporate filing/information on the eSPAYSEC platform using MyEG’s online payment network. 

    These include e-wallets like GCash, Maya, GrabPay and ShopeePay, credit/debit cards, as well as online bank transfers from BDO, BPI, RCBC, UnionBank, Maybank, Metrobank, among others. 

    The public may also settle payments to the SEC through MyEG’s over-the-counter payment centers in convenience stores, malls, pawnshops and scuh establishments across the country as 7-Eleven, Cebuana Lhuillier, Palawan Pawnshop, Tambunting Pawnshop, Bayad Center, The SM Stores, Robinsons Department Stores, DA5, Posible, Pay&Go, USSC and more. 

    “As we expand the payment options available on the SEC eSPAYSEC, we hope to encourage more businesses and stakeholders to do their transactions online as it is easier, safer and more convenient,” SEC chairman Emilio B. Aquino said. 

    “This is just among the many initiatives under the commission’s ongoing digital transformation aimed at further improving the ease of doing business in the country. MyEG’s goal and mission has always been to support the government in the ease of doing business. We are delighted to extend all our more than 90,000 channels to the SEC so corporations can have more options to pay their SEC fees online or payment centers near their homes or offices,” MyEG Philippines CEO Ann Margaret Saldaña said.

    The public may access the eSPAYSEC at https://espaysec.sec.gov.ph/. To proceed, clients only need to enter the reference number provided in the payment assessment form issued by the SEC, select their preferred payment option and pay.

    To ensure payments made via eSPAYSEC are secure, clients will receive a one-time pin in the mobile phone numbers linked to their bank accounts or digital wallets. Once payment goes through, the system generates an electronic official receipt, which clients will likewise receive through email. 

    The SEC shifted to payment channels online and offsite starting February 1, in line with its zero face-to-face transaction policy. Accordingly, all payments to the Commission have since been accepted only through the eSPAYSEC and at any branch of the Land Bank of the Philippines nationwide. 

    MyEG PH, a joint venture with a Kuala Lumpur- based firm,  provides e-payment and e-government services for government agencies in the Philippines and handles over 50,000 daily transactions servicing Filipinos all across the country. It also has more than 90,000 payment channels and points of sale location across the Philippines.

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