Maya has transformed Bohol’s Tagbilaran City Public Market into a “digi-palengke.”
The premier 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.
The Paleng-QR Ph initiative is spearheaded by the BSP and the Department of Interior and Local Government (DILG). The objective is 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.
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.
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.
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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.
