Maya (mobile payments)

Maya is a popular mobile payment application and digital financial services provider in the Philippines. Operated by Maya Philippines, Inc. (formerly PayMaya Philippines, Inc.) and licensed by the Bangko Sentral ng Pilipinas (BSP), it offers a range of services including e-wallets, virtual and physical prepaid cards, online payments processing, bills payment, remittances, and cryptocurrency trading.

Maya differentiates itself by integrating a comprehensive suite of financial services within a single app. Users can send and receive money, pay bills to a wide variety of merchants and service providers, shop online and in physical stores using their Maya card or QR code, and invest in cryptocurrency.

The platform aims to promote financial inclusion by providing accessible and convenient digital financial solutions to both banked and unbanked Filipinos. Maya can be funded through various means, including bank transfers, over-the-counter top-ups at partner establishments, and through its network of agents.

Maya competes with other established mobile payment platforms in the Philippines, contributing to a rapidly evolving digital payments landscape. Its features and accessibility contribute to its widespread adoption among consumers and businesses. The platform regularly introduces new features and partnerships to enhance its user experience and expand its reach. Security features, including transaction monitoring and fraud prevention measures, are an integral part of the Maya platform.