Basta QR Ph, pwede sa Maya. With just one Maya QR, public market vendors like Agnes Ycong (right) can now accept safe and instant payments from their sukis, even from those who use other e-wallets and bank apps. This is made possible with the launch of the Paleng-QR Ph in Bohol province, starting with Tagbilaran City.

Maya, the country’s all-in-one digital banking and money app, is making cashless transactions a lot easier in public markets nationwide with the rollout of the Paleng-QR initiative in Central Visayas, starting with Bohol province.

 Maya has transformed Bohol’s Tagbilaran City Public Market into a digi-palengke in today’s ceremonies led by Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat and Tagbilaran City Mayor Jane Yap.  

The Paleng-QR Ph initiative is spearheaded by the BSP and the Department of Interior and Local Government (DILG), and it aims to empower the City Government of Tagbilaran to help public market vendors and tricycle drivers accept cashless payments from any customer via the QR Ph, the country’s standard for QR payments.  

“Small merchants and Filipino consumers are not only enjoying a hassle-free payment experience for their everyday transactions with Maya QR but also creating a financial footprint that allows them to access more advanced banking services offered by Maya,” said Mar Lazaro, Maya’s Head of Enterprise Business.  

Since QR Ph’s launch in 2019 for person-to-person (P2P) payments and in 2021 for person-to-merchant (P2M) payments, Maya has led the charge among financial institutions in the rollout of the QR Ph national standard and now counts over 800,000 merchant touchpoints powered by QR Ph-capable Maya QR. “Basta QR Ph, pwede kami,”Lazaro added.  

Tagbilaran City adopts Paleng-QR Ph to modernize its public markets. With the support of Maya, the City Government has launched Paleng-QR Ph, an initiative by the Bangko Sentral ng Pilipinas and Department of Interior and Local Government which aims to digitalize public market transactions via QR Ph, the national standard for QR payment. In the photo (L-R): BSP Deputy Governor Bernadette Romulo-Puyat (center left), Tagbilaran City Mayor Jane Yap (center right), Vice Mayor Adam Jala (3rd, back, from right), former Mayor John Geesnell Yap (2nd, back, from right) visit Maya booth with Maya employees.

Building ‘digi-palengkes’ nationwide is part of Maya’s own LGUs Embracing and Accelerating Digitalization (L.E.A.D). Through this program, LGUs encourage local merchants and constituents to digitalize their transactions with Maya’s business-in-a-box payment solutions and disbursement tools.  

On top of digitalizing public markets, Maya has become the growth partner of choice of Philippine businesses. These enterprises include pharmacies, transportation, travel, retail stores, public utilities, food, hospitals, service providers, and schools.

The City Government of Marikina has tapped digital financial services leader PayMaya to roll out contactless payments for real property and other business taxes within the city.

Using PayMaya's payment platform, residents and businesses can now pay for their city government fees online from the safety of their own homes. All they have to do is log-in to Marikina's online portal powered by PayMaya Checkout and pay using any credit, debit, or prepaid card as well as their PayMaya wallet. This initiative is in collaboration with the Development Bank of the Philippines (DBP).

“Through this cashless initiative with PayMaya and DBP, we are empowering our constituents with a safer way to pay for taxes and other fees online so that they don’t have to physically go to the city hall, especially at this time. This will contribute towards safer and more efficient government transactions during this pandemic. At the same time, this will allow us to continue delivering critical services to the public,” said Marikina City Mayor Marcelino Teodoro.

“We thank Marikina City for being our partner in enabling the public sector with safer cashless payment solutions. Digital payments is a key component of the transformation of our local governments and we are excited to bring this forward with other digital financial services ecosystem initiatives,” added PayMaya Founder and CEO Orlando Vea.

Marikina City is the latest in over 60 national agencies and local units that have already embraced cashless solutions powered by PayMaya, which includes cashless payments acceptance as well as disbursement solutions.

Other national government agencies and local government units that have embraced cashless technologies powered by PayMaya's platforms include the Bureau of Internal Revenue (BIR), Social Security System (SSS), Home Development Mutual Fund or Pag-IBIG, Department of Trade and Industry (DTI), Securities and Exchange Commission (SEC), Land Transportation Office (LTO), Bureau of Customs (BoC), and the Department of Foreign Affairs (DFA), as well as the cities of Manila, Mandaluyong, Quezon City, Pasig, Caloocan, and Valenzuela, among many others.

PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, merchants, communities, and government. Through its enterprise business, it is the largest digital payments processor for key industries in the country including "everyday" merchants such as the largest retail, food, gas, and eCommerce merchants as well as government agencies and units.

Through its app and wallet, PayMaya provides over 28 million Filipinos with access to financial services. Customers can conveniently pay, add money, cash out or remit through its over 200,000 digital touchpoints nationwide.

Its Smart Padala by PayMaya network of over 37,000 partner agent touchpoints nationwide serves as last-mile digital financial hubs in communities, providing the unbanked and underserved with access to digital services. To know more about PayMaya's products and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.