- March 26, 2023
Maya accelerates its drive to promote digital retail payments in public markets across the National Capital Region, starting with Pasig City.
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and Pasig City Mayor Victor Ma. Regis “Vico” Sotto kicked off the Paleng QR Plus launch held recently at the Pasig Mega Market.
“QR Ph greatly simplifies retail payments, making it easier for consumers and merchants to embrace digital for everyday transactions. With Paleng-QR, we’re bringing QR Ph to the heart of our communities—our public markets. We are proud to support the program’s rollout in Pasig City, one of the most digital-forward local governments in the country,” said Shailesh Baidwan, Maya Group President.
Maya has led the fintech and banking industry in the nationwide rollout of Paleng-QR Ph, including Baguio City, Davao City, Tagbilaran City, Naga City, and Lapu-Lapu City.
Building the digital ecosystem
Maya is already powering the digital payment acceptance for thousands of local enterprises in the city, from large malls to small shop owners. It also has hundreds of Maya Centers across the city’s 30 barangays where consumers can cash in and cash out for free.
Joining Maya’s Paleng-QR Ph rollout is PLDT’s wireless unit Smart Communications. Smart has boosted the city’s network to provide the fast and reliable connectivity needs of Pasigeno merchants, tricycle drivers, and consumers.
As an ecosystem leader, Maya is the first fintech company to roll out QR Ph for both person-to-person (P2M) and person-to-merchant (P2M) payments. Maya QR can send and receive payments from any QR-compliant e-wallet or bank app.
Consumers can enjoy the QR Ph interoperability through Maya’s superior omnichannel touchpoints, allowing even non-Maya app users to transact with merchants via Maya QR Standees, Maya Terminal point-of-sale devices, and online checkout via Pay with Maya.
Today, Maya has enabled over 800,000 QR Ph Maya merchants in 96% of the country’s cities and municipalities.
Launched in August 2022, the Paleng-QR Ph program aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and local transportation, particularly tricycles.