PAYMAYA Philippines, Inc. is continuing to expand its client base with an agreement signed with fuel retailer Total Philippines Corp.
The mobile wallet arm of PLDT, Inc. said in a statement yesterday it will start offering its all-in-one payment device, One by PayMaya, and cashless payments via mobile application at the Total flagship station in Alabang.
“(This partnership) is one of our significant initiatives as we continue to innovate our fuel products and energy solutions, on top of the overall customer experience improvements in our stations,” Total Assistant Vice-President for Retail Business Mike Esquivel said in the statement.
Aside from payments for fuel top ups, the partnership will cover cashless payments in Total’s convenience stores and coffee shops: Bonjour Store and The Bonjour Cafe.
PayMaya said more Total stations across the country will soon be added to the list of branches included in the partnership.
“In the road toward building a ‘Cashless Philippines,’ we are proud to make a pit-stop at Total to enable them with world-class payment acceptance solutions…,” PayMaya Head of Enterprise Business Mar Lazaro was quoted as saying.
PayMaya is handled by PLDT’s digital arm Voyager Innovations, Inc., which is backed by China’s Tencent Holdings Ltd.; US-based Kohlberg Kravis Roberts & Co. (KKR); International Finance Corp. (IFC) and IFC Emerging Asia Fund.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Denise A. Valdez
