PayMaya equips Unilab with cashless ecosystem

MANILA, Philippines — PayMaya, the financial services arm of PLDT’s Voyager Innovations, is teaming up with United Laboratories Inc. (Unilab) to upgrade the company’s cashless ecosystem.

With the partnership, Unilab replaced its RFID card-based payment system with the latest technologies from PayMaya, providing its employees with a more convenient way to pay inside and even outside the office.

More than 3,000 employees of Unilab will receive co-branded prepaid PayMaya cards which they can use in their office cafeteria to pay for food and other goods, as well as in any establishment outside office premises that accepts card payments.

Voyager will also equip cafeteria merchants and concessionaires with PayMaya QR codes and One by PayMaya Business point-of-sales devices so that they can accept not just payments using their PayMaya-powered Unilab cards, but also via credit and debit cards as well as other emerging payment options.

“Much like the concept of ‘bayanihan’, it takes a village – or an entire ecosystem – to push for adoption of cashless payment technologies in the Philippines, and we are glad that Unilab is one of the frontrunners in this space,” PayMaya COO and managing director Paolo Azzola said.

PayMaya, a leader in digital financial services, is the only technology company offering integrated payments platforms for both consumers and merchants, and has the widest branch network across the country.

Unilab, meanwhile, is recognized as one of the largest prescription, consumer healthcare, and personal beauty companies in the country.

“With a growing millennial and Gen-Z workforce, it is imperative for us to adopt emerging technologies. We are excited to have an upgraded payment experience in our cafeteria through the help of PayMaya, and we are looking forward to utilize this technology in other areas as well,” Unilab senior vice president Lawrence Ong said.

With Unilab’s in-house cashless ecosystem now powered by PayMaya, not only will employees experience greater convenience in paying within the office premises, but they will also be able to use their PayMaya-powered cards in sending money through the app’s Send Money function, paying bills, withdrawing funds via ATM, as well as buying online and in-store.

“More and more Philippine enterprises such as Unilab are seeing the value of equipping their employees with cashless payment options for office and other uses. Aside from the convenience it brings, mobile wallets and cards such as PayMaya promote safety of employees, because they no longer have to carry large amounts of cash with them every time,” PayMaya said.

PayMaya has a growing network of 40,000 touchpoints nationwide that 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.