A little more than a million business enterprises currently operate in the Philippines, with some 90% belonging to the microenterprises category and just a little over 9% belonging to the small- and medium-sized (SME) category, according to the Department of Trade and Industry. Historically, even the SME sector has faced difficulties in accessing products and services that are designed for its unique requirements, even though they may have comparatively more financial resources than microenterprises.
Fortunately, this situation is changing with the ever-increasing availability of digital systems and technologies. SME owners who are looking for an accessible in-store payment solution, for instance, have the option to use Maya Terminal. This portable point-of-sale (POS) device can process payments made via credit and debit cards, e-wallets, and QR Ph codes.
Aside from completing transactions in real time, the Maya POS terminal can also issue digital receipts, print physical receipts, and access the internet through both Wi-Fi and mobile data connections. The many practical capabilities of this wireless device, coupled with its reasonable subscription price, make it an effective tool for local businesses that are engaged in the following activities:
Retail
In contrast to traditional POS systems that require significant upfront investment and take up a lot of space in one’s shop, Maya Terminal is compact and subscription-based. The Maya Terminal price subscription is currently set at just PHP 949 per month. This makes the service more accessible to retailers who are just starting out as well as those who are in the process of rapidly expanding their operations. The payment solution is particularly suited to retailers with brick-and-mortar stores, such as groceries and supermarkets, as it processes in-store sales in real time and offers customers convenient purchasing experiences. Since this physical Maya credit card terminal can also accept payments made using e-wallets and QR Ph codes, it can seamlessly and quickly complete transactions regardless of the payment preferences of an in-store buyer. Such a capability helps customers maximize their time and improves the level of service they can expect with every interaction with a retailer.
Foodservice
Digital technology is rapidly changing the way foodservice outlets are doing business. Customers now expect establishments to accommodate dine-in, drive-through, curbside pickup, and delivery orders as well as accept over-the-counter, online, and mobile app payments. Plus, self-ordering kiosks are becoming more commonplace in the Philippines. Maya Terminal presents restaurants, cafes, fast food joints, and other businesses in the foodservice sector with the means to keep up with these trends and demands, as this POS system accepts a wide range of payment channels and options. Also, by putting the Maya business terminal right beside self-ordering kiosks as part of an integrated POS system, entrepreneurs can give their customers the means to complete transactions on their own in a few clicks. Meanwhile, sit-down restaurants can maximize the portability of the Maya Terminal by having the wait staff bring the device to the tables to collect the bill. This enables the establishment to process payments quickly all while providing a high level of service to its customers.
Pharmacy and Medicine
Pharmacies and medical facilities offer essential services to their respective communities, and many people depend on these establishments in their time of need. Maya Terminal empowers these businesses to accept a wide range of cashless payment options, a capability that can be especially helpful in times of emergency. By having the means to process payments made via credit or debit cards, e-wallets, or QR Ph codes, a pharmacy or hospital is able to accept payments from patients or clients who might not have cash on hand.
Hospitality and Travel
The hospitality industry is all about creating memorable experiences for guests. Maya Terminal is an indispensable tool for providing business and leisure travelers with the utmost level of convenience as they navigate new and familiar places. For instance, hotels and tour companies can use the POS solution to accept a wide range of payment methods and currencies. This provides customers with hassle-free booking experiences and frees them from being limited by the amount of cash they have on hand.
Entertainment
In the same vein, businesses in the entertainment sector can utilize the Maya Terminal to accept payments in a snap. The use of these devices in movie theaters, concert halls, and ticket centers streamlines the purchasing process and empowers customers to enjoy the entire process—from quickly securing their slots to attending the main event itself. By making it easy for customers to get tickets or buy merchandise, businesses in the entertainment industry can elevate customers’ overall appreciation for a performance or experience.
Electronics and Technology
Establishments that sell electronic devices or offer digital services often cater to tech-savvy customers who appreciate the integration of technology into everyday processes. This market expects establishments to fully utilize modern tools in their operations, including when completing transactions. Maya Terminal enables businesses in the electronics and technology sector to not only offer streamlined purchasing experiences but also live up to the expectations of their customers.
Transport and Logistics
Maya Terminal Lite, which is the more portable version of the Maya Terminal, is versatile enough to be used to collect cashless payments in transportation hubs and in public vehicles. Just like Maya Terminal, this handy version of the POS solution can issue digital receipts, manage transactions in real time, and connect to the internet via Wi-Fi or mobile data, plus it uses a USB C cable for charging. Aside from its application in the transportation sector, this portable device can be utilized to collect cashless-on-delivery payments for online purchases, food deliveries, or other logistics services.
Gas and Oil
The Maya POS Terminal is ATEX certified, meaning that it meets the safety requirements for electrical equipment that can be used in potentially explosive settings. Using such a device to process payments in a facility that utilizes and dispenses large quantities of oil and gas can offer an added measure of safety and peace of mind to workers and consumers alike. In addition, it’s simply easier and faster to work with a portable device when collecting payments in a busy environment like a gas station. Instead of walking back and forth between a customer and a fixed POS machine to process payments, for instance, a gas station staffer can simply carry the Maya Terminal with them and collect payments immediately after every transaction.
Education
Educational institutions can also use the Maya Terminal to make it easier for students and parents to fulfill their financial responsibilities. In such a setting, this POS device can be used to process tuition payments and school fees in a much safer and hassle-free manner. In addition to this, academic institutions can also use the portable POS device in their canteens, bookstores, and other related shops and establishments. By switching to digital payments, schools are also giving parents the means to simplify allowance disbursement and track student spending.
No matter which sector or industry your SME belongs to, you’ll have an easy time adding the Maya Terminal to the list of Maya Business tools you can take advantage of. To get started, create a Maya Business Manager account. Signing up now also gives you the opportunity to leverage the Maya 1-2-3 Grow bundle, which offers an MDR discount of 1% on all QR Ph payments. This translates to savings amounting to PHP 14,600 for every PHP 1 million in sales. You’ll also get 2.5% p.a. interest should you choose to use Maya Business Deposit as your settlement account. Finally, signing up for this business bundle qualifies you for Maya Flexi Loan in just 3 months. It’s a financial product that will help you finance your business expenses and expansion projects. Start offering your customers better payment options today with Maya Business.
