PayMaya widens Add Money network to 27,000

Richmond Mercurio - The Philippine Star

MANILA, Philippines — PayMaya Philippines, the digital payments arm of PLDT’s Voyager Innovations Inc., said it now has the widest Add Money network with 27,000 merchant and bank touchpoints nationwide.

The growing network now enables more customers to conveniently add funds to their digital wallet at any given time and place, whether through their online banking accounts through Instapay, in payment kiosks, or via the thousands of Smart Padala centers all across the country.

“With over 27,000 touchpoints nationwide, PayMaya now has the widest network of Add Money channels among all digital wallets available today, which means that no matter where you are or what fund source you may have, using PayMaya is now made more convenient than ever,” said Kenneth Palacios, PayMaya Philippines director and head of wallets business.

“As we work to build more cashless communities nationwide, having convenient Add Money channels available–whether online for those who have bank accounts or in partner stores for those in far-flung areas–is the first step toward enabling Filipinos to gain access to the growing digital economy,” Palacios said.

Users can enjoy instant fund transfers of up to P50,000 per day from their bank accounts through Instapay.

PayMaya Add Money touchpoints available nationwide also include, Smart Padala centers, Smart stores, Bayad Center, SM Business Center, Robinsons Business Center, Gaisano Capital Business Center, 7-Eleven, Palawan Pawnshop, Cebuana Lhuillier, and Shopwise, among many others.

“Whether it’s adding money online or in-store, PayMaya users can take advantage of the benefits of cashless transactions including bills payment, load purchase, online shopping, flights and accommodation bookings and many more,” the company said.

PayMaya Philippines is the digital financial arm of Voyager Innovations, the leading technology company in the Philippines backed by PLDT, KKR, Tencent, IFC, and IFC Emerging Asia Fund.

The company is an e-money issuer licensed and regulated by the Bangko Sentral ng Pilipinas and is behind PayMaya, an e-wallet app in the Philippine market.

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