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From PayMaya Enterprise to Maya Business
August 21, 2022 5:06 p.m.
PayMaya, the country’s largest processor of merchant payments, has relaunched its enterprise brand as Maya Business.
The new Maya Business seamlessly integrates omnichannel payment acceptance solutions, business-to-business (B2B), and business-to-government (B2G) payments, with digital banking services powered by Maya Bank, including a high-interest business deposit account and a range of credit products for enterprises and their customers.
The transformation comes on the heels of the successful launch of the new Maya brand and consumer app in late April this year which saw an accelerated uptake for wallet and digital banking services.
“With the new Maya Business, we’re creating the future of the enterprise, unleashing digital at a faster speed and on a broader scale,” said Manuel V. Pangilinan, Chairman of Voyager and PayMaya, and Chairman Emeritus of Maya Bank.
Accelerating the digital transformation of businesses
During the event, keynote speakers Department of Trade and Industry Secretary (DTI) Alfredo Pascual and Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla emphasized the need to accelerate the digital transformation of businesses as critical components of sustainable economic growth and inclusion.
“The BSP welcomes the rollout of new digital financial services that bring the benefits of digitalization to Filipino businesses and end-users. We are creating the right environment, but without enterprises like Maya, it means nothing if the private sector does not find a way of utilizing the opportunities. These efforts contribute to our push to expand financing options for our MSMEs and bring them into the mantle of the formal financial system,” said BSP Gov. Felipe Medalla.
For his part, Department of Trade and Industry (DTI) Secretary Alfredo Pascual underscored the crucial role of the private sector in helping the Philippines achieve its digital transformation goals.
“The private sector, with its agile mindset and disposition, has to play a key role, particularly in implementing the digital transformation of large and small enterprises as well as the government itself. Congratulations to Maya for providing a fast and secure financial transaction platform for businesses and consumers,” Pascual said.
According to the BSP 2021 E-Payments Measurement, business payments account for 24.1% of total monthly retail payments. Supplier payments make up almost 90% of total business payments, but most of these still use non-digital channels.
Maya Business is committed to accelerating digital transformation among enterprises and consumers in line with the national targets under the Digital Payments Transformation Roadmap 2023 and eCommerce Philippines Roadmap 2022.
“As a growth and transformation enabler, we are embedding our digital Maya solutions into the operating systems of our merchants, big or small, online or physical,” Orlando B. Vea, PayMaya Founder-CEO and Maya Bank Co-Founder, commented.
From payments to digital financial services
“From being a payments partner for enterprises, we’re now an all-in-one growth partner for businesses,” said Shailesh Baidwan, PayMaya Philippines Group President and Maya Bank Co-Founder. “Beyond leadership in payment acceptance, we’re enabling our customers with new digital financial services like business deposit, payroll disbursements, working capital loans, and buy-now-pay-later products.”
Maya Business offers merchants the broadest range of payment acceptance solutions, allowing businesses to accept any credit, debit, and prepaid card, scan-to-pay via QR, or via Maya wallet, whether online or on-ground. Solutions include Maya Checkout for online payments, Maya Payment Links for digital invoicing, Maya QR enabled by QR Ph Person-to-Merchant (P2M) payments – the national standard promoted by the BSP, and Maya Terminal, the country’s first android point-of-sale device.
Business owners and corporations can fast-track their business growth with a fully digital bank account that offers free PesoNet transfers and a 1.5% interest rate, four times higher than traditional banks. This feature is currently available for existing Maya Business clients.
On top of payment acceptance, Maya Business also offers a disbursement platform that enables organizations to efficiently distribute funds to their employees, suppliers, or citizen beneficiaries.
Maya Business honors Financial Inclusion Heroes
Maya Business is making big moves to help leapfrog millions of citizens, businesses, organizations, and government offices into more inclusive digital financial services.
Formerly PayMaya Enterprise, the country’s largest digital payments processor for key industries, recently recognized trailblazing partners that have championed Filipinos’ welfare through accessible financial services.
Recognized as Financial Inclusion Heroes, these organizations have proactively adopted digital solutions to empower their constituents by making everyday transactions more convenient and accessible.
“Financial inclusion is at the heart of what we do. We are proud to honor outstanding partners who have led the charge in enabling more Filipinos to be financially included through innovative and relevant services,” said Orlando B. Vea, CEO-Founder of PayMaya and Co-Founder of Maya Bank.
Maya Business is powered by the country’s only end-to-end digital payments company, PayMaya Philippines, and Maya Bank for digital banking services.
DTI and BSP: showing the way for financial inclusion
Leading the list of Maya Business Financial Inclusion Heroes are the Bangko Sentral ng Pilipinas (BSP) for spearheading the country’s digital payments transformation roadmap and the Department of Trade and Industry (DTI) for championing e-Commerce adoption across consumers and enterprises.
Through progressive regulation and initiatives led by the BSP, the Philippines has made significant inroads in achieving the national target of financially including 70% of adult Filipinos by 2023. As of end-2021, more than 53% of adult Filipinos already have access to basic financial accounts.
BSP Gov. Felipe Medalla called on the private sector to support the national financial inclusion goals during his keynote remarks at the Maya Business event. Joining him to receive the Financial Inclusion Hero award for the BSP are Deputy Governor Chuchi Fonacier, Deputy Governor Bernadette Puyat-Romulo, and Monetary Board Members Anita Linda Aquino and Peter Favila.
For the DTI, Secretary Alfredo Pascual and Assistant Secretary Mary Jean Pacheco accepted the recognition. In his keynote, Sec. Pascual said that “collaboration between industry and government is effective in promoting priority initiatives.”
“We have accomplished much through our collaborations, and the successful outcome speaks for itself. Let us continue with our Ecommerce Roadmap 2023-2025 and assist large merchants and, more importantly, MSMEs in leapfrogging toward a cashless and inclusive fintech,” Pascual added.
Financial inclusion at the grassroots
Brgy. Namayan of Mandaluyong City, one of this year’s awardees, exemplified how financial inclusion can empower communities. As the first-ever barangay-level “cash lite” community in the Philippines, Brgy. Namayan enabled its residents and workers to enjoy digital transactions with the help of Maya Business.
The barangay equipped its residents with citizen ID cards linked to Maya accounts for everyday payment transactions in sari-sari stores, karinderia, bulalohan, and other small merchants. Barangay workers, meanwhile, can safely receive their monthly allowances through their Maya-powered citizen ID cards.
“Our collaboration with Maya becomes even more relevant now, given the need for safer contactless transactions. By encouraging cashless technologies in everyday transactions in our barangay, we are building a safer and more inclusive community,” said Brgy. Namayan Chairman Victor Emmanuel Francisco Jr.
Financial Inclusion Heroes across sectors
Maya Business feted partners who contributed significantly to promoting financial inclusion. Among these Financial Inclusion Heroes are:
- Ease of Doing Business Champions – National Government Agencies: the Bureau of Internal Revenue (BIR), Department of Foreign Affairs (DFA), Professional Regulation Commission (PRC), Pag-IBIG, and Social Security System (SSS) for making it easier for citizens to pay civic fees through omnichannel payment acceptance
- Ease of Doing Business Champions- Local governments: Taguig City and Caloocan City for adopting an ecosystem approach for person and business to government payments and citizen disbursements
- LGUs Embracing and Accelerating Digitalization (LEAD) program Champion: Department of Interior and Local Government for promoting e-payments adoption among local governments units (LGUs)
- Agriculture: Development Bank of the Philippines for the joint efforts in promoting countryside development
- Education: the University of the Philippines System for adopting an all-in-one ID card with payment capabilities for their students and employees
- Humanitarian: Oxfam Pilipinas for pioneering the use of cashless technology in disaster preparedness and emergency response via the Inclusive and Affordable Financial Facilities for Resilient and Developed Filipinos Project (iAFFORD) program
- Social Welfare: Department of Social Welfare and Development for utilizing digital technologies in delivering pandemic cash assistance to citizens
- Travel and Tourism: Philippine Airlines for helping grow the sector post-pandemic
“With our Maya Business partners, we are making big moves in driving digital financial services adoption across the length and breadth of the country,” said Shailesh Baidwan, Group President of PayMaya and co-founder of Maya Bank.
To know more about Maya Business, visit maya.ph/business and follow @MayaBusinessPh on Facebook.
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Cyberzone holiday tech gift guide
1:14 p.m. December 6, 2024
For the tech lover in your life, Cyberzone is a treasure trove of innovative gadgets and accessories.
If you’re looking for the perfect gift for the tech-savvy person in your life, look no further than Cyberzone. This haven for gadget enthusiasts offers a wide range of cutting-edge devices and accessories that are sure to impress. Here are some top techy gift ideas to consider:
1. Smart home gadgets
Transform any home into a smart home with a variety of gadgets available at Cyberzone. From smart speakers like Amazon Echo or Google Home to intelligent thermostats and security systems, these devices can automate tasks, enhance comfort, and improve safety. Here’s a list of smart home devices that would suit anyone’s space.
2. Wearable technology
The Apple Watch Ultra 2 is the perfect companion for a fitness enthusiast to track workouts, monitor heart rate, and stay connected.
Samsung Galaxy Watch Ultra: A fitness tracker will revolutionize your fitness journey by providing real-time data and personalized insights.
For the fitness enthusiast or fashion-forward individual, wearable technology is a great gift option. Choose from a variety of smartwatches, fitness trackers, or even augmented reality glasses that can track health metrics, provide notifications, and enhance experiences. On a budget? Here are 5 budget wearable technology devices available at Cyberzone.
3. Gaming accessories
Powerful mechanical keyboards from Akko will elevate your gaming experience with its responsive keys, customizable lighting, and ergonomic design.
Unleash your gaming potential with Logitech G304 wireless gaming mouse, designed for precision and speed.
Elevate your loved one’s gaming experience with high-quality accessories from Cyberzone. Whether it’s a new gaming headset, a comfortable gaming chair, or a powerful gaming mouse and keyboard, these items can make any gamer’s holiday season extra special. If they’re a mobile gamer, here are some must-have gaming accessories for their mobile gaming life.
4. Portable chargers and power banks
Keep your loved one’s devices powered up on the go with a portable charger or power bank. These handy gadgets are perfect for travelers, commuters, or anyone who spends a lot of time away from a power outlet. By the way, who said power banks have to be boring? Here are 5 aesthetic power banks that would make pretty Christmas gifts.
5. Drones and quadcopters
Take your aerial adventures to new heights with DJI Avata 2—perfect for both hobbyists and videographers alike.
Soar through DJI NEO—a palm-sized mini drone sure to provide endless entertainment.
For the adventurous spirit, a drone or quadcopter can provide hours of fun and excitement. Cyberzone offers a variety of models to suit different skill levels and budgets.
6. Virtual reality (VR) headsets
Let your loved ones dive into a new world with a VR headset. These devices offer a unique gaming experience and can also be used for educational purposes or to explore virtual tours.
7. Tech-inspired gadgets
Beyond the traditional tech gadgets, Cyberzone also offers a variety of unique and innovative items that are sure to impress. From smart kitchen appliances to futuristic gadgets, you’re sure to find something special for the tech lover in your life.
When shopping at Cyberzone, don’t forget to also check out the latest promotions and discounts to get the best deals on these techy gifts. With so many options to choose from, you’re sure to find the perfect gift that will delight any tech enthusiast this holiday season.
Treat yourself for a year well done
Get all of your Christmas shopping done at Cyberzone and on the SM Malls Online app.
Shop your favorite tech and gadgets at the Cyberzone Gadget Craze and win big prizes—hurry, promo ends December 31, 2024!
Treat yourself and get the chance to win big! The Cyberzone Gadget Craze returns with incredible gadgets to wrap the year with a bang! You could win big when you shop until December 31, 2024.
For top brands, big deals, and legit XPs, you #GotITAtCyberzoneStay updated on the newest gadgets and competitive tech deals by visiting Cyberzone at an SM Mall near you or through the SM Malls Online app. For the latest tech news and gaming event information, follow SM Cyberzone on Facebook, Instagram, and TikTok, or visit its website at www.smcyberzone.com.
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The search is over for the perfect cup of Joe! Experience coffee time at its finest at SM Supermalls this July
July 11, 2023 1:27 p.m.
Filipinos love their coffee! It’s a staple beverage among Pinoys for a reason: a cup of Joe fuels their day and boosts their energy.
This is why SM Supermalls makes everyone’s coffee time a leveled-up experience with only the best deals and promos for the love of a perfect cup of Joe!
Grab the best in-store coffee time deals
From July 1 to 16, coffee lovers can get over 800 deals available on artisan and specialty iced coffee from well-loved coffee shops at SM. There will also be hot bundles and pairings for those who love their coffee piping hot.
Where art, coffee, and locals come together
A consideration among avid coffee drinkers is having the ambiance to the perfect cup and conversation. Look no further because trendy spots are up at SM! Your favorite malls will set up booths where coffee-preneurs can sell their products. Treat your senses to different blends and varieties of coffee made by a pop-up of small and medium businesses owned by the locals in your area. These spots will have comfortable lounges and eye- catching art backdrops.
Baristas will also show off their skills at the Barista Face-Off, while musicians fill the lounge with mellow music on weekends from July 1 to 16.
Let your #CoffeeTok skills shine through
If you are on TikTok, this is your sign to make the most creative content about coffee! AweSM prizes are at stake for the best Coffee Hangout TikTok entries, with the most likes and views.
For details on how to join, go to @SMSupermalls on all social media.
Enjoy an adventurous ride and sip at the same time
Just outside the malls, SM will be dressing up designated areas for a Coffee Time Biker’s Pit Stop. Bike, stop, and sip your fave drink as SM creates a special stop where bikes may be temporarily parked near the café or at the malls with available open areas or al fresco.
Whether it’s a morning pick-me-up or a midday break, SM Supermalls makes coffee time even more special with its own blend of caffeinated activities from July 1 to 16.
To know more about Coffee Time at SM, check out www.smsupermalls.com or follow @SMSupermalls on social media.
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Women bartenders on creating cocktails with Tanduay, defying stereotypes, thriving in a male-dominated field
March 29, 5:30 p.m.
As renewed interest in cocktails continue to grow, bartenders are also taking the spotlight, and in El Nido and Siargao, two bartenders are paving the way for women to shine in a male-dominated industry.
Sharleen Antonio works with her husband and fellow bartending professional, Larry Guevara, in one of Palawan’s top beach destinations. Riza Delguime, meanwhile, is a bartender for a leading resort in the country’s surfing haven.
Creating Tanduay-Infused Cocktails
Both women have been bartending for years and share a preference for Tanduay in creating cocktails.
“It’s very easy to mix in cocktails because of its unique and bold character. I usually go for the classic Tanduay Dark Rum in my root beer and rum with a squeeze of fresh lemon,” Antonio said.
She shared that they used Tanduay rums in her bar management class back in college, so she is very familiar with the brand. Collaborating with the brand, she came up with three Tanduay-infused cocktails that are perfect for any time of the year — the Mango Basil Mojito, Tanduay Espresso Martini, and Tanduay Old Fashioned.
Delguime likes Tanduay’s sweet and strong flavor. Foreign customers would usually ask what rum brand she uses in her cocktails and would then request drinks infused with Tanduay rums.
“I have my own signature cocktail, which is perfect when I mix it with Tanduay. We have female guests here in the resort who would request for cocktails that are not too strong, and I would make one for them also using Tanduay,” she said.
Delguime further shared that the bartending scene in Siargao has always been “good and clean.”
“There are different varieties of bars here like sports bars and pool bars, and they are all super busy because of the many tourists who visit our island,” she said.
Breaking the Glass Ceiling
Antonio shared working in a male-dominated industry wasn’t easy in the beginning. Women bartenders used to be seen as just “cotton candies” behind the bar to attract male clients and rake in tips.
“While I may have experienced some catcalling and received some indecent proposals from male guests in some instances, I have to say that I have been lucky to have always worked with my husband behind the bar. In 2016, we joined Pilipinas Got Talent Season 5 to show that there is more to bartending than meets the eye,” she shared.
Advice for Aspiring Bartenders
Delguime advised aspiring bartenders to just be themselves.
“That would be the key to your success. Bartending is fun, and you get to entertain guests,” she said.
Antonio, meanwhile, has made it her advocacy to educate people about bartending as hospitality and F&B professionals.
“Gone are the days when women were simply considered as bar backs or force multipliers during busy bar shifts. Or worse, simply as ornaments behind the bar,” she noted.
Antonio wants to motivate, inspire, and empower women bartenders and those who would like to start a career in the bartending industry. She and her husband have been conducting workshops and seminars around the country to help aspiring bartenders better their craft.
“It is my wish that female bartenders will continue to flourish and leave their own mark in the field we all so love and are passionate about,” she said.