Maya spearheads SME digital banking revolution at Cashless Expo 2023

Maya took center stage at the recently concluded Cashless Expo 2023 to underscore the surging demand among Small and Medium Enterprises (SMEs) for advanced digital banking services.

As a co-presenter of Cashless Expo 2023, organized by GoDigital Pilipinas in collaboration with the Bangko Sentral ng Pilipinas (BSP), the Department of Trade and Industry (DTI), and the Department of Agriculture (DA), Maya showcased its commitment to lead the charge in digital banking for both consumers and enterprises.

Meanwhile, Richard Labitag, Maya’s Head of Acceptance and SME, emphasized the eagerness of SMEs for comprehensive digital banking solutions. Labitag stated, “With consumers increasingly adopting digital banking, it’s now time for our SMEs to follow suit. By facilitating digital payment transactions and offering tools like business deposits, we’re simplifying their transition to the digital economy and opening doors to essential financial services like credit.”

From Payments to Digital Banking

Maya has played a pivotal role in the shift towards digital payments, with 42 percent of payment transactions in the Philippines transitioning to digital or e-payments by the end of 2022, according to the 2022 Status of Digital Payments Report by the BSP. Building on this momentum, Maya is also expanding its services to offer integrated digital banking solutions, including payment acceptance, disbursement, business deposits, credit, and money management tools.

Maya Business: A Comprehensive Growth Platform

Maya’s enterprise-focused arm, Maya Business, stands as the country’s premier digital payment processor and acquirer. Offering an all-in-one growth platform for businesses, Maya Business integrates a full spectrum of digital financial services into a single, user-friendly platform. In addition, Maya Business 1-2-3 Grow Bundle further streamlines the onboarding process, provides discounted payment options, offers an attractive 2.5% p.a. business deposit interest rate, and extends accessible credit up to Php2 million.

Maya equipped participating merchants during the expo with QR PH, fostering seamless, secure, and convenient person-to-merchant transactions. Maya’s commitment to the SME community is also further evident in its strategic partnership with PLDT, which powered the event’s high-speed connectivity as a platinum sponsor.

For more information, visit maya.ph and mayabank.ph. Stay connected with Maya on social media platforms: Facebook, Instagram, YouTube, TikTok at @mayaiseverything, and Twitter @mayaofficialph.