Digital financial services leader PayaMaya expands its footprints as it reaches over 200,000 touchpoints for digital transactions nationwide.
Filipinos can now easily pay, add money, or remit using their PayMaya accounts through these accessible touchpoints. This includes convenience stores, retail merchants, groceries, department stores, food outlets, pawnshops, and Smart Padala centers.
“As PayMaya continues to lead the push towards cashless for all Filipinos, it is important for us to provide them with the most expansive and reliable on-ground channels that allow them to do safe and convenient financial transactions, no matter where they are in the country,”said Shailesh Baidwan, President of PayMaya.
“We have built this robust ecosystem of touchpoints to help ensure that there are easily available and trusted avenues for our customers to add, transact, or move money for all their day-to-day needs,”he added.
Unrivaled Network of Trusted Touchpoints
PayMaya account holders don’t need to travel very far to city centers anymore. With an unrivaled on-ground network of over 37,000 Smart Padala partner agent touchpoints serving as financial hubs, the company enables lifeline transactions amid COVID-19 quarantine restrictions.
Smart Padala agents are also present even in the farthest reaches of the country, covering over 92% of all cities and municipalities nationwide. They are effectively connecting unbanked and underserved Filipinos to the digital economy with digital transactions such as offering remittance, bills payment, add money, cash out, and scan-to-pay transactions.
The company’s ecosystem of merchants, payment centers, and financial agents have become critical. Particularly, in the government’s push to provide financial aid to those severely affected by the pandemic and various natural disasters the past year. By sending financial aid to their PayMaya accounts, beneficiaries can easily use the funds in PayMaya QR partner merchants or encash via the nearest Smart Padala centers in their area.
“PayMaya has become a lifeline to many people during the pandemic, and we’re seeing it become even more essential for consumers, businesses, and the government in the years to come,”Baidwan explained.