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PayMaya Rolls Out Cashless Payments via QR Codes

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PayMaya now offers cashless payments through a “scan-to-pay” facility with the use of QR codes in the Philippines.

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PayMaya Scan-to-pay

I was introduced to the convenience of cashless transactions during a recent trip to China. Armed with the WeChat Quick Pay app, I went to a local Starbucks and bought a mug. To pay, the cashier just scanned the app’s QR Code, viola, the purchase was complete. Needless to say, it was impressive, fast and convenient. The whole thing happened in less than 30 seconds.

In the Philippines, PayMaya is introducing their own cashless facility in the country, with the hopes to replicate the success of WeChat Quick Pay. The service will make use of a scan-to-pay system where the buyer simply scans the QR code of the merchant to facilitate the payment. Everything is done through the PayMaya app.

For now, PayMaya users can use the service in Smart Stores and select merchants in key cities. But the company is hard at work enabling more merchants, starting with canteens in partner schools like STI, and in commercial establishments in Muntinlupa and Malabon. They are also tapping fast food chains, supermarkets, and malls such as McDonald’s, Army Navy, Domino’s Pizza, and Gaisano Supermarkets, among others.

PayMaya App

The PayMaya app is available in the Google Play Store and in the Apple App Store. It comes with a virtual and physical Visa or MasterCard. You can load your PayMaya wallet in any of the more than 15,000 reloading stations nationwide, including SM Business Centers, Robinsons Department Stores Business Centers, and 7-Eleven, Petron stations along NLEX and Ministop outlets with Touchpay Kiosks, UnionBank ATMs, Shopwise, Wellcome, 2Go outlets, Smart Padala centers, Palawan Pawnshop, and online banking via BDO and UnionBank.

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