Maya builds more ‘digi-palengke’ in Central Visayas

With just one Maya QR, public market vendors like Agnes Ycong (right) can now accept safe and instant payments from their regular buyers, even from those who use other e-wallets and bank apps. This has been made possible with the launch of the Paleng-QR Ph in Bohol province, starting in Tagbilaran City. (PHOTO COURTESY OF MAYA)

All-in-one digital banking and money app Maya is making cashless transactions a lot easier in public markets nationwide with the rollout of the Paleng-QR initiative in Central Visayas, starting in Bohol province.

Maya transformed Bohol’s Tagbilaran City Public Market into a “digi-palengke” in recent ceremonies led by Bangko Sentral ng Pilipinas Deputy Governor Bernadette Romulo-Puyat and Tagbilaran City Mayor Jane Yap.

The Paleng-QR Ph initiative, spearheaded by the BSP and the Department of Interior and Local Government, aims 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.

“Small merchants and Filipino consumers are not only enjoying a hassle-free payment experience for their everyday transactions with Maya QR but also creating a financial footprint that allows them to access more advanced banking services offered by Maya,” said Mar Lazaro, Maya’s Head of Enterprise Business.

Since QR Ph’s launch in 2019 for person-to-person payments and in 2021 for person-to-merchant 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.

“Basta QR Ph, pwede kami,” Lazaro said.

Building ‘digi-palengkes’ nationwide is part of Maya’s LGUs Embracing and Accelerating Digitalization program. 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.

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.

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