Technology

Paymaya: Gov’t cashless transactions surge

PayMaya Philippines Inc. saw a 900% surge in cashless payments to government in June.

The jump in transactions was driven by Paymaya’s partnerships with more than 50 government agencies and local government units.

PayMaya has added the Land Transportation Office (LTO), the Securities and Exchange Commission (SEC), the City of Taguig, the Intellectual Property Office of the Philippines (IPOPHL), and the Optical Media Board (OMB) to its growing roster of government partners that will be accepting cashless payments.

Through PayMaya’s end-to-end digital payment platform, various government agencies and local governments can now offer more convenient payment options to Filipinos, allowing for continuous delivery of critical services to the public and heightened efficiency and transparency of its operations.

To help encourage more Filipinos to use cashless means of paying their government fees and dues, PayMaya is offering a cashback on transaction fees when they use their PayMaya mobile number to pay in select online and mobile government channels until September 30.

Through its app and wallet, PayMaya provides millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide, more than double the total number of traditional bank branches in the Philippines combined.

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