WITH the thriving homegrown businesses in Cebu, integrated e-payment provider PayMaya launched its digital financial services to boost the marketability of companies not only to locals but also to tourists.
Mario Lazaro, director and head of PayMaya Business, said their company provides opportunities to both sellers and consumers to transact in a “cashless” system that highlights security and accessibility in the payment ecosystem.
“We are not only promoting prepaid wallets to the consumers but we’re also enabling merchants to accept payments,” Lazaro said.
As the island continues its thrust on tourism with top international markets like Koreans, Chinese and Japanese, among others, Lazaro said their system would suit the way these nationalities manage their financial transactions.
“For the international tourists, they have global standards like Visa, Mastercard, WeChat and Alipay. The only way that you can accept payments is when you come up with a solution that will equalize the experience, whether you’re a small merchant, a medium one or a big one,” he said.
Lazaro said this payment experience lies on QR codes and contactless card payment.
“All our solutions have those. When you deploy a solution terminal to the merchant, that solution can accept both QR payments and Visa or Mastercard for contactless one. We’re confident in saying that our One by PayMaya device is the only machine in the Philippines that does that,” he said.
The all-in-one device is an Android-based tool that comes with a host of connectivity options, which includes WiFi and mobile internet that allows merchants to offer a variety of payment ways.
Lazano said their team also distributed free QR kits to small and medium enterprises to keep them on track when it comes to digital and cashless payments.
The kit has a QR code and a cellphone where the seller will receive the payment from a customer through PayMaya in real-time.
“By offering cashless payment options to Cebuanos, we allow merchants to reach out to more consumers and help them participate in the growing digital economy of the country,” he said.
PayMaya has partnered with merchants like Bo’s Coffee, Zubuchon, Gaisano Brothers Merchandising, Cebu Belmont, Allegiant Regional Care Hospital, Maayo Medical Clinic, RDAK Global Motors, Lite Shipping, Motor Ace Philippines and Honda Motor World. (JOB)