PAYMAYA Philippines, Inc. announced Thursday its partnership with a local government and four more government agencies to offer cashless payment options to the public.
These are in addition to PayMaya’s over 50 partners in the government, PayMaya Enterprise Head for the Public Sector Marvin C. Santos said at a briefing on Thursday.
PayMaya’s new partners are the Land Transportation Office, Securities and Exchange Commission, City of Taguig, Intellectual Property Office of the Philippines, and Optical Media Board. They can now accept card and e-wallet payments for various transactions.
The existing partners of PayMaya include the Bureau of Internal Revenue, Social Security System, PAG-IBIG Fund, Bureau of Customs, Department of Foreign Affairs, Department of Trade and Industry, Professional Regulation Commission, National Home Mortgage Finance Corp., the cities of Valenzuela, Ormoc, and Parañaque, among 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,” PayMaya said in a statement.
PayMaya Chief Executive Officer and Founder Orlando B. Vea said: “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.”
“We at PayMaya are always excited to partner with agencies and local government units to offer our solutions to enable them to offer better and more transparent services to the public,” he added.
In June, PayMaya reported that the volume of e-payment transactions from the government had surged by 900%.
President Rodrigo R. Duterte had called for easier and more efficient transactions in government agencies in his fourth State of the Nation Address last year.
PayMaya is a subsidiary of Voyager Innovations, Inc., the digital innovations company of PLDT Inc. 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. — Arjay L. Balinbin