PayMaya Philippines Inc. said cashless payments to government rose 900 percent in June as it enables more government partners with cashless payment options.
“By going digital and offering cashless payment options, the government is helping address our two most pressing issues today: ensuring the safety of all citizens and helping in the recovery of the economy,” Orlando Via, founder and chief executive of PayMaya said.
“ We at PayMaya are always excited to partner with agencies and LGUs to offer our solutions to enable them to offer better and more transparent services to the public,” he added.
PayMaya has added the Land Transportation Office (LTO), the Securities and Exchange Commission (SEC), the City of Taguig, the Intellectual Property Office of the Philippines (IPOPHL), and the Optical Media Board (OMB) to its growing roster of government partners that will be accepting cashless payments.
These are in addition to the more than 50 government agencies and local government units (LGUs) that are already accepting card and e-Wallet payments for various transactions, such as the Bureau of Internal Revenue (BIR), the Social Security System (SSS), the PAG-IBIG Fund, the Bureau of Customs (BOC), the Department of Foreign Affairs (DFA), the Department of Trade and Industry (DTI), the Professional Regulation Commission (PRC), and the National Home Mortgage Finance Corporation (NHMFC), City of Valenzuela, Ormoc City, and Parañaque City, among many others.
Through PayMaya’s end-to-end digital payment platform, various government agencies and local governments can now offer more convenient payment options to Filipinos, allowing for continuous delivery of critical services to the public and heightened efficiency and transparency of its operations.
To help encourage more Filipinos to use cashless means of paying their government fees and dues, PayMaya is offering a cashback on transaction fees when they use their PayMaya mobile number to pay in select online and mobile government channels until September 30, 2020.
Users can get a cashback voucher when they pay using their PayMaya-registered mobile numbers at the websites of the DFA, PRC, NHMFC, the Construction Industry Association of the Philippines, Taxumo, JUANTAX, as well as the mobile app of SSS.
All they have to do is choose “PayMaya” as the payment option and enter their registered mobile number to be able to pay their fees in the respective government agencies. After the transaction, they will receive a cashback voucher in the app equal to the transaction fee collected by the agency.
PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, merchants, and government. Aside from providing payments acceptance for the largest e-Commerce, food, retail and gas merchants in the Philippines, PayMaya enables national and social services agencies as well as local government units with digital payments and disbursement services.
Through its app and wallet, PayMaya provides millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide, more than double the total number of traditional bank branches in the Philippines combined.
Its Smart Padala by PayMaya network of over 30,000 partner touchpoints nationwide serves as last mile digital financial hubs in communities, providing the unbanked and underserved with access to services such as domestic remittance, bills payment, and telco load, among others.