What’s the fuss about the race to No. 1? With so many e-wallets sprouting since the pandemic, the race seems on to try to get to first place.
PayMaya, the only fintech in the Philippines that runs a consumer e-wallet app, an enterprise payment processing business, and a remittance agent network with Smart Padala, admits that it may not be the number 1 e-wallet at the moment but says that its superior features make it #TooGoodToBeNo2.
I am not surprised at how far PayMaya has come since I first began using it when it launched years ago. My son and I are very active PayMaya users although I must admit I also have other e-wallet apps on my phone. PayMaya is how I pay for my Amazon purchases, Grab orders, my food orders, my deliveries, fund transfers to my son, and so on.
Here are 5 features that make PayMaya #TooGoodToBeNo2:
1 – Free Cash In
It’s free to cash in for free and send money to other PayMaya users for free (like what I do with my son). Some other e-wallet apps charge up to PhP 200 in fees for cashing in. Free cash in is available at 90,000 out of the 110,000 cash in touchpoints nationwide. To get a full list of PayMaya’s free cash in channels, simply tap the ‘cash in’ button on your app’s homepage, and check out the icons with the ‘no fees’ sticker.
And here’s more. Apart from cashing in for free, sending money to other PayMaya account users is also free – and when you transfer funds from PayMaya to a bank account via Instapay, you can earn a cashback of P15 to cover your fee until the end of the year!
2 – 1,500 billers and load items
Once you top up your e-wallet, you can pay for your everyday needs. Pay utility bills, condo association dues, credit card payments, government dues, and more – all with a few taps on your PayMaya app. Over 1,500 billers and load items are available. It also gives you access to hundreds of digital goods – from prepaid load, gaming pins, digital subscription packages, and even digital vouchers for yourself or as gifts to your loved ones.
3 – Safer online shopping
With so many scammer sellers online, it is important that you know that you are dealing with a legit seller. On the app, there is Maya Mall, where you can find over 360 of your favorite brands. PayMaya also ensures that casual sellers are PayMaya VERIFIED SELLERS. When dealing with a casual seller, check for the Verified Seller badge on the app’s confirmation screen right before you pay. A list of PayMaya Verified Sellers is also available on the Maya Mall.
4 – Real-time transaction history and notifications
It is so important for our peace of mind and safety that we are able to track our transactions on a real-time basis. No more waiting for 24 hours.
5 – 99.9% uptime rate
Downtime is a hassle and very inconvenient, especially when you are already at the point of checking out. Fortunately, this isn’t the case with PayMaya, which claims it has maintained a 99.9% uptime. You can transact any time of the day, even during wee hours of the morning, and not have to worry about downtime due to systems maintenance.
If you are not yet on PayMaya, open an account now using my invite code: K48RJVYOQ6DL (Click the link or type out the code during registration. That is a capital letter O, not zero). Registering a PayMaya account is easy. All you need is your phone and mobile number to sign up. Once you’re ready to upgrade your account to unlock more features like sending money to other users and withdrawing your funds from an ATM, all you need is a primary ID such as your license, passport, or other official government cards, and a quick video selfie.
Sign up today and get 100% cashback on your load or gaming pin purchase when you cash in a min. PhP 100. You can even get up to PhP 200 if you upgrade your account.