PayMaya expands merchant base equipped with PayMaya QR Ph

PayMaya has just announced the nationwide expansion of QR payments in the country using the national QR standard.

PayMaya has expanded its base of merchants, from MSMEs, to large companies, and government agencies, equipped with PayMaya QR Ph for both their online and on-ground touchpoints. QR Ph person-to-merchant was first introduced in April this year and was fully launched by the central bank last October.

PayMaya also recently enabled its PayMaya e-wallet customers to scan-to-pay in any QR Ph establishment with the help of participating banks and e-wallets. To further boost QR payments in the country, PayMaya has accelerated the rollout of the interoperable QR code to more businesses and government agencies.

“We are in full swing with the roll of the QR Ph initiative — from allowing our merchant partners to accept QR payments from other QR Ph participating banks and e-wallets to allowing our PayMaya e-wallet users to scan-to-pay at all QR Ph merchants and not just at PayMaya QR merchants. We are excited to further grow and accelerate digital retail payments in the country in line with the BSP’s vision of building a stronger payment ecosystem across businesses, consumers, and government,” said PayMaya President Shailesh Baidwan

The rollout of QR Ph is part of PayMaya’s thrust in promoting greater financial inclusion by enabling more Filipino businesses and consumers to adopt digital payments.

To know more about PayMaya and its products, you may visit their official website.

For more information about QR Ph you may visit our previous article right here.