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PayMaya: The All-New PayMaya Negosyo App

PayMaya has unveiled its latest mobile payment innovation – PayMaya Negosyo App.

Many businesses are going online as a response to the current public health situation. PayMaya Negosyo App allows merchants to easily and quickly accept QR code and online payments in just one to two days.

The new application is available for Android devices, micro, small and medium enterprises (MSMEs) can easily accept QR and other forms of digital payments using their smartphones.

Even if they don’t have an e-commerce website they can

  • Accept payments from PayMaya users via PayMaya QR which can be shared in their social media pages and chat apps;
  • Receive payments from upgraded PayMaya users through the Send Money function of the app; and
  • Process bank transfer payments from any InstaPay-participating bank and e-wallet in the Philippines.

Interested merchants only need to sign up through the app using their mobile number, upload one valid government ID as well as a video selfie for liveliness check, and wait 24 to 48 hours for their application to be reviewed and approved so they can start accepting digital payments.

Paymaya President Shailesh Baidwan said, “As more consumers begin to prefer shopping online and paying using contactless methods, PayMaya Negosyo will give our MSMEs the easiest and fastest way to accept digital payments from across a variety of sources–all they need now is their smartphone and a valid ID.”