#Maya payment system

Maya Black purchases made instantly more affordable with Mini Payments When the Maya Black credit card was first introduced last year, it allowed anyone with a verified Maya account to get a Visa credit card from Maya. Here’s another new feature I am sure Maya Black users will definitely love — Mini Payments. I tried out the new feature last May by converting Php51,836.84 of our Maya Black purchase into a 6-month Maya Mini-Payment plan. The outstanding credit balance is then transferred into the Mini-Payments section of Maya then divided into equal monthly payments (either 3, 6, 9 or 12 months) including the applied interest. (Tip: You can simulate your own Mini Payment Plan from https://www.mayabank.ph/creditcard/minipayments/) This feature allows the credit holder to avoid the monthly finance charge of 3.5% which can be expensive. If you’re interested on these new features of Maya Black, check out the Mini Payments tab in the app. Visa has introduced its new Scan to Pay QR payment system across the Asia Pacific region, aiming to make everyday cashless transactions faster and more convenient for users. Visa says the system is designed for a mobile-first market, where more people are now using smartphones for shopping, bills, and daily payments. Read more in our articles including "MAYA Black Mini-Payments Explained" and "Visa rolls out Scan to Pay QR payment system across Asia Pacific".