“Our vision of Digital Finance for All Filipinos includes our hardworking countrymen abroad, our modern-day heroes. Having a PayMaya account wherever you are in the world can empower Filipinos overseas and help them stay connected with their loved ones in the Philippines,” said Orlando Vea, founder and CEO of PayMaya.
According to data released by the Philippine Statistics Authority, there are an estimated 2.2 million Filipinos who are currently working abroad, with millions more who have already migrated and can still benefit from a strong fintech platform that can help them and their families who are still in the Philippines.
In 2019, the Social Security System and PayMaya opened doors for many overseas-based Filipinos to easily and speedily remit contributions and receive disbursements to the pension fund.
Aside from the SSS, PayMaya users abroad can also transact with other government agencies such as the PAG-IBIG Fund, Bureau of Internal Revenue, the Department of Foreign Affairs, and over 60 other agencies and local government units that accept PayMaya as a payment option.