PayMaya

PayMaya Philippines, Inc., commonly referred to as PayMaya, is a Philippine financial services and digital payments company based in Metro Manila, Philippines.[1] It was founded in 2007.[2]

PayMaya
Headquarters
Metro Manila, Philippines
Area servedPhilippines
Key people
Industry
ParentVoyager Innovations, Inc.
URLwww.paymaya.com

In 2016, PayMaya processed $1 billion in transactions.[3]

As of September 2021, it has 38 million registered users.[4]

Products

Mobile e-wallet

PayMaya's e-wallet allows person-to-person money transfer via an app. Services within the app also includes bills payment, prepaid load purchase, and local bank transfer. [5]

Smart Padala

Smart Padala is a network of 55,000 partner agent touchpoints across the Philippines and serves as last-mile financial hubs in communities, providing the unbanked and underserved access to digital services. [6]

PayMaya Enterprise

PayMaya Enterprise provides end-to-end merchant-acquiring solutions and enables businesses to accept digital payments, whether online or in-store. [7]

Maya Bank

PayMaya is planning to launch a fully digital bank after it was given a license to operate a digital-only bank on September 2021 by the BSP's Monetary Board. [8]

References
  1. "Pay fees via any prepaid, debit, credit card, or through PayMaya e-wallet". BusinessMirror. Retrieved September 22, 2021.
  2. "PayMaya". Owler. Retrieved September 22, 2021.
  3. Crisanto, Janine. "PayMaya serves the unbanked in the Philippines through the mobile app". The Asian Banker. The Asian Banker. Retrieved September 22, 2021.
  4. "PayMaya hits 38 million registered subscribers". Philstar. Retrieved September 22, 2021.
  5. "E-wallet app waives cash in fees for users". ABS-CBN News. Retrieved September 22, 2021.
  6. "Western Union money transfers now available at a Smart Padala agent near you". Manila Bulletin. Retrieved September 22, 2021.
  7. "PayMaya says it now has over 200k touchpoints nationwide". Business World. Retrieved September 22, 2021.
  8. "PLDT unit secures digital bank license". Philstar. Retrieved September 22, 2021.
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