E-wallet app waives cash in fees for users

PayMaya

Posted at Sep 07 2021 01:58 PM | Updated as of Sep 07 2021 04:45 PM

Digital financial services provider PayMaya has waived cash in fees at over 55,000 online and physical touchpoints nationwide, in a bid to make it easy for consumers to put funds and use their e-wallet anytime, anywhere. This is in line with its goal of making financial services more accessible and convenient to all Filipinos, especially during heightened community quarantine restrictions.

PayMaya users can now cash in for free via BPI online, Ministop, and PayMaya's agent network arm, Smart Padala. Those with BPI accounts can quickly add funds for free by simply linking their BPI account to their PayMaya e-wallet. Meanwhile, PayMaya users can enjoy free cash in at over 400 Ministop branches across the country, allowing them to save as much as P200 on fees.

PayMaya users can now cash in without extra charges through their linked BPI Online account and any Ministop and Smart Padala outlets nationwide. Photo source: PayMaya
PayMaya users can now cash in without extra charges through their linked BPI Online account and any Ministop and Smart Padala outlets nationwide. Photo source: PayMaya

To make its services more accessible at the grassroots community level, PayMaya has tapped its network of over 55,000 Smart Padala agent touchpoints nationwide to make cash in services to its e-wallet users convenient and hassle-free. PayMaya users who add money to their accounts at any Smart Padala agent nationwide will get a 100% cashback on cash in fees until December 31, 2021. 

"Millions of Filipinos are using the PayMaya app for their everyday transactions such as sending money to loved ones, paying for utilities, buying airtime load, shopping online, and for purchasing for groceries and other essentials. That's why providing our customers with more accessible ways to add funds to their accounts is important. Through our extensive cash in network across the country and free cash in channels, PayMaya is an easy and convenient way for Filipinos to embrace digital payments," said PayMaya President Shailesh Baidwan.
 
PayMaya is an end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, enterprises, communities, and government. Through its enterprise business, it is one of the leading payments processors for "everyday" merchants in key industries such as retail, food, transportation, utilities, and eCommerce. 
 
It provides more than 38 million registered users access to financial services through its consumer platforms. Customers can conveniently cash in, pay, cash out, and remit through its over 300,000 digital touchpoints nationwide. Its Smart Padala by PayMaya network of 55,000 partner agent touchpoints serves as last-mile financial hubs in communities, providing the unbanked and underserved access to digital services.

To know more about PayMaya, visit its website or Facebook page.

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