
PayMaya Philippines is a popular digital wallet that offers a convenient way to make online transactions. It allows users to store their credit or debit card information securely.
With PayMaya, you can link your bank account or credit card to your digital wallet, making it easy to pay for online purchases. This eliminates the need to re-enter your card details every time you make a transaction.
PayMaya is accepted by many online merchants in the Philippines, including popular e-commerce sites and ride-hailing services. This makes it a great option for those who want to make online payments quickly and easily.
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About Maya
Maya Wallet is a powerful digital wallet that offers a wide range of services, including money transfers, bill payments, and even cryptocurrency transactions.
With 50 million registered users as of June 2022, Maya Wallet has become the second most-used e-wallet service in the Philippines.
Users can send and receive money, pay bills, and even buy prepaid credits for mobile and gaming services, all with just a few taps on their screen.
Maya Wallet also offers insurance coverage for e-commerce purchases, personal health, and mobile devices, giving users an added layer of protection.
As of 2022, there were an estimated 58 million active e-wallet users in the Philippines, and this number is expected to grow to 81 million by 2025.
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Maya Wallet
Maya Wallet has reached 50 million registered users as of June 2022, making it the second most-used e-wallet service in the Philippines.
Maya Wallet allows users to send money to other local and international banks, pay recurring bills, and purchase mobile and gaming prepaid credits.
Users can also pay offline merchants by scanning unique QR codes, and checkout from online stores using virtual or physical cards.
Maya Wallet has a Crypto section where users can buy, sell, and soon send and receive cryptocurrencies like Bitcoin, Ethereum, Cardano, and Uniswap.
As of 2022, there were an estimated 58 million active e-wallet users in the Philippines, with this number expected to grow to 81 million by 2025.
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Maya Savings
Maya Savings is a great option for those looking to save with interest. It offers an interest rate of 4.5 percent per annum, with introductory rates of up to 10% per annum for qualified account holders.
Maya Savings has been making waves in the digital banking scene. It was launched with a bang, reaching 1 million registered customers and PHP10 billion deposits in just five months. This impressive feat positioned Maya as the fastest-growing digital bank in the Philippines.
Its popularity continues to soar, with a deposit base of P25 billion from 2.3 million clients as of August 2023. Maya holds a significant market share, with 61% of deposits, 71% of depositors, and 46% of deposit balances among the six digital banks operating in the country.
About

Maya is a talented individual with a strong background in various fields. She has a degree in Fine Arts, which has allowed her to develop her creative skills and vision. Maya's passion for art is evident in her work, and she continues to explore new ways to express herself.
Maya is also a skilled writer, having written numerous articles and blog posts on a range of topics. Her writing style is engaging and informative, making complex subjects accessible to a broad audience.
Innovation and Features
PayMaya has earned numerous awards for its innovative services. In 2021, it received the Leading Emerging Payments Organization Award and Most Innovative Mobile or Financial Service Payments Solution.
PayMaya's in-app KYC process was recognized as Best in Future of Digital Innovations at the 2021 Future Enterprise Awards. Its QR payments feature was also awarded Best QR Payment at the 2021 Future Digital Awards for Fintech & Payments.
Maya was selected as one of the winners in the fifth iteration of CB Insights' annual Fintech 250 ranking, alongside notable fintech companies like Revolut and Stripe.
Take a look at this: Paymaya Application
Innovation

PayMaya has been recognized for its innovative approach to payments and financial services. It earned two awards from The Payment Association in 2021 for Leading Emerging Payments Organization and Most Innovative Mobile or Financial Service Payments Solution.
The company's PayMaya Negosyo and in-app KYC process were recognized as Best in Future of Digital Innovations and Best in Future of Intelligence, respectively, at the 2021 Future Enterprise Awards. PayMaya's QR payments feature was also recognized as Best QR Payment at the 2021 Future Digital Awards for Fintech & Payments.
Maya was selected as one of the winners in the fifth iteration of the Fintech 250 ranking by CB Insights, alongside other notable fintech companies like Revolut and Stripe. The Maya app was also named among the world's most innovative apps for digital life at the 2023 Global Mobile Awards.
Maya Bank was ranked among the world's top banks by Forbes in 2023, based on a global survey of 48,000 customers. The bank was praised for its recent improvements and ranked as the eighth best global bank by The Digital Banker.
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Smoother, Faster Transactions

PayMaya has made a significant impact on the way we make transactions.
The company has accelerated the full-scale deployment of QR-based payments in Smart Stores nationwide. This has made it easier for people to pay for goods and services using their smartphones.
PayMaya's QR technology allows users to quickly make payments by scanning a merchant's QR code using the PayMaya app. This is a game-changer for many, especially for those who value convenience.
You can find PayMaya QR acceptance in various places, such as canteens of partner schools in STI, commercial establishments in Muntinlupa and Malabon, and even in popular merchants within wifi-enabled cities like Baguio, Cebu, and Davao.
The benefits of QR-based payments are numerous, but one thing is for sure - it's a lot faster than traditional payment methods.
Revolutionizing Social Payments
PayMaya has partnered with Facebook to transform the mobile phone into a virtual wallet, making its services available through the Messenger app.

This innovation has opened up PayMaya's functionalities, making bills payment and sending money to other users more widely available.
With over 50 million Facebook users in the country today, PayMaya's social payment services have become more accessible than ever.
This partnership has also enabled users to buy prepaid load credits through the Messenger app, further expanding PayMaya's reach.
Building Digital Cities
The company is actively forging "cashless" communities nationwide with the PayMaya ID Plus, a prepaid payment and identification card.
This innovative technology has been rolled out in various cities, starting with partner cities and municipalities, such as Malolos City and Balanga City.
The PayMaya-enabled ID cards can also be used for ATM withdrawals, making it a convenient option for users.
In addition, these ID cards can be accepted for payments anywhere in the world, both online and in physical stores, wherever Visa is honored.
The technology has also been implemented in schools, including STI, to promote a cashless and convenient payment system.
By introducing this technology, the company is helping to create digital cities and communities that are more efficient and convenient for its users.
Free Business Software

Free business software is a game-changer for entrepreneurs and small business owners. It allows you to start accepting payments instantly with no coding required.
Many of these tools are free, making them an excellent choice for those on a budget. This can save you money that would be spent on software development or coding courses.
With free business software, you can automate tasks, streamline processes, and focus on growing your business. You can start using these tools right away without any technical expertise.
Some of these tools are designed to be user-friendly, making it easy to get started even if you're not tech-savvy. This means you can focus on what matters most - running your business and serving your customers.
Security and Compliance
PayMaya Philippines is a leader in digital financial services, ensuring the security and compliance of transactions is a top priority.
Their platform uses 256-bit encryption to protect sensitive information, such as card numbers and personal details.

This level of security is on par with international standards, giving users peace of mind when making transactions online.
PayMaya's compliance with international standards, such as PCI-DSS, demonstrates their commitment to protecting user data.
Their system is designed to detect and prevent fraudulent activities, keeping users' accounts safe from unauthorized access.
PayMaya's compliance team works closely with regulatory bodies to ensure they meet all necessary requirements.
Their platform is regularly audited and tested to ensure the highest level of security and compliance.
Company Information
PayMaya Philippines is a subsidiary of PLDT, one of the largest telecommunications companies in the country.
It offers a range of financial services, including online payments, money transfers, and cashless transactions.
PayMaya's services are available through its mobile app, which can be downloaded for free from the App Store or Google Play Store.
The company has partnered with various businesses to provide users with a wide range of payment options, including online shopping, bill payments, and cashless transactions at merchants nationwide.
What Is the NAICS Code?

The NAICS code is a crucial piece of information for any business. It's a series of numbers that categorize a company's industry and activities.
The NAICS code for PayMaya Philippines is quite detailed, with multiple codes assigned to the company. The codes include 522210, 52221, 522, 52, 52232, 5222, 522320, and 5223.
These codes are used to identify PayMaya Philippines' specific industry and activities, such as credit card issuing and merchant acquiring services.
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Where Is Based?
PayMaya Philippines is based in Mandaluyong, Metro Manila. This is a key piece of information for anyone looking to get in touch with the company or learn more about its operations.
The company's location in Metro Manila suggests that it is a major player in the country's financial industry.
Who is the CTO of?
Alfred Lo is the CTO of PayMaya Philippines.
PayMaya Philippines has a CTO, and his name is Alfred Lo.
He is the CTO of PayMaya Philippines.
Alfred Lo's role at PayMaya Philippines is that of CTO.
Alternatives and Services

PayMaya Philippines offers a range of services that make it a versatile tool for everyday financial transactions. Users can access digital banking features, such as savings accounts and loans, as well as international and domestic remittance services.
Merchants can benefit from PayMaya's payment solutions by gaining access to a wide range of payment acceptance options. This enables them to cater to a larger customer base, including those who prefer cashless transactions.
PayMaya prioritizes the security of its users' transactions, employing advanced encryption technologies and following strict regulatory compliance. Users are encouraged to enable two-factor authentication and regularly monitor their accounts for any unauthorized transactions.
PayMaya supports a diverse range of industries, including retail, e-commerce, food and beverage, travel, and government services. By providing tailored payment solutions, PayMaya helps businesses in these sectors streamline their payment processes.
PayMaya offers international remittance services, allowing users to send money to family and friends abroad easily. Users can transfer funds to various countries, and recipients can access their money through local banks or partner cash-out locations.
PayMaya facilitates digital lending and disbursement through its partnerships with financial institutions and its own digital banking capabilities. Users can apply for loans directly through the PayMaya app, where they can receive quick approvals and disbursements.
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Continuous Growth

PayMaya Philippines has been rapidly expanding its services, with a presence in over 1,000 partner merchants and a growing network of 7,000 ATMs nationwide.
This expansion has enabled more Filipinos to access financial services, with over 7 million registered users as of 2020.
PayMaya's commitment to innovation has led to the development of new features such as QR code payments, which have seen a significant increase in adoption among users.
Annual Revenue
Continuous Growth is a result of innovative strategies and financial stability. The PayMaya Philippines annual revenue was $367.9 million in 2025, a significant indicator of the company's financial growth.
As the digital payment landscape continues to evolve, companies like PayMaya are adapting quickly to stay ahead. This is evident in their strong financial performance.
In 2025, PayMaya Philippines achieved a remarkable annual revenue of $367.9 million, a testament to their commitment to innovation and customer satisfaction.
By focusing on digital payments and financial inclusion, PayMaya has been able to tap into a vast and growing market.
Continuous Expansions Seen

PayMaya is expanding its cashless payments acceptance to popular food chains, supermarkets, and malls, including McDonald's, Army Navy, Domino's Pizza, and Gaisano Supermarkets.
This move aims to make digital payments more convenient and accessible to a wider audience.
In addition, Smart retail partners down to the sari-sari store levels will also be equipped with the payment technology, further reaching more users.
PayMaya is the digital financial services arm of PLDT and Smart's Voyager Innovations, driving breakthrough payment technologies to improve consumer experience.
Frequently Asked Questions
What is PayMaya in the Philippines?
PayMaya is a digital payments company based in the Philippines, offering financial services to Filipinos. It was formerly known as PayMaya, but is now simply referred to as Maya.
Can I register PayMaya outside Philippines?
Yes, you can register PayMaya outside the Philippines, but you'll need a Philippine mobile SIM with international roaming activated and a valid Philippine ID. Download the PayMaya app and follow the registration process to get started.
What happened to PayMaya now in the Philippines?
PayMaya has rebranded to Maya, aiming to provide innovative digital financial services to all Filipinos. This change reflects the company's commitment to transforming the way Filipinos manage their finances.
Sources
- https://en.wikipedia.org/wiki/Maya_(mobile_payments)
- https://rocketreach.co/paymaya-philippines-profile_b5a2fa23f6b6503b
- https://contactout.com/company/PayMaya-Philippines-5918
- https://blog.hitpayapp.com/paymaya-philippines-alternative/
- https://www.philstar.com/business/2017/10/25/1752353/paymaya-redefines-philippines-payments-landscape-game-changing-innovations
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