The demand for online goods and services is continuing to rise in the Philippines, and optimism about the digital economy is brighter than ever. What’s more, the country’s young, digitally-savvy population is not just buying more things online, but it’s also creating the right conditions for a new wave of digital entrepreneurship.
There is, however, one hitch. While paying in physical cash remains a relevant option in today’s online markets, a growing number of Filipinos have already adopted debit and credit cards, virtual payment cards, and digital wallets such as Maya for facilitating online purchases. And with the payments landscape continuing to expand, entrepreneurs need to make sure each customer can have their online payment processed however they want.
Over the years, Maya has emerged as the online payment processing company that Philippine-based entrepreneurs trust with their online storefronts. Maya Business’s internet payment solutions are carefully designed to not only accept locally relevant payments, but also facilitate cross-border transactions. Let’s look at Maya Business’s online payment solutions that have made the fintech platform quite popular with entrepreneurs.
1) Maya Checkout
Maya Checkout lets you put a secure online payments gateway on your website or app. Checkout enables hassle-free online payment processing by letting your customers use a full selection of payment cards, digital wallets, and other emerging solutions for their payments. This enhanced payment acceptance capability not only allows you to offer a better online experience, but it can also boost your cash flow and profitability.
2) Maya Plugin for Shopify
The Maya Shopify plugin lets you boost your Shopify storefront by giving you seamless access to Maya Checkout. Within minutes, the Maya plugin integrates a third-party payment gateway Shopify site owners can use to accept a complete range of online payments.
3) Maya Plugin for WooCommerce
Maya offers a WooCommerce plugin for stores built on the extremely popular WooCommerce platform. Even with minimal coding skills, you can start accepting e-wallets, credit cards, and other cashless payments from your WooCommerce-powered storefront.
4) Payment Links
If your business doesn’t have an app or website, Maya Payment Links is the best online payment processing solution. Payment Links lets you generate a custom link that takes your customers to a payment portal where they can use a wide selection of online payment methods. This makes it the perfect online payment processing service if your business relies on messaging apps such as Facebook Messenger, Instagram DMs, WhatsApp, Viber, or Telegram.
5) Maya Invoice Payments
Maya Invoice Payments lets you effortlessly accept payments over SMS, chat, or email. Like with other Maya online payment platforms, Invoice Payments facilitates transactions made through credit and debit cards, QR Ph codes, and popular digital wallets. It also lets you customize your invoices through easy-to-use templates, allowing your business to present a consistent brand regardless of the payment channel.
6) Maya QR
Maya also lets you accept online payments through Maya QR. Once you create a Maya Business account, you’ll get access to a free Maya QR kit that includes a unique static QR code. You can then put up your QR Ph-compliant Maya QR code on your website or share it through messaging apps to facilitate secure contactless payments.
Ride the Wave of Digital Payments with Maya Business
With its suite of Maya Business products, Maya has developed a reputation as an online payment processing company that Philippines-based small businesses can depend on. Maya’s collection of online payment solutions addresses a plethora of different business needs. Whether you run an e-commerce website or rely on social media platforms, Maya offers diverse, carefully crafted payment solutions that can help you meet your business objectives. Create a Maya Business account today to access all of Maya’s online payment tools as well as other exclusive services.
A Maya Business account doesn’t just give you a way to accept online payments—it also affords your business new avenues for growth. Opening a Maya Business account lets you in on exclusive deals and bundles like Maya 1-2-3 Grow.
Maya 1-2-3 Grow is a one-of-a-kind bundle that’s designed to help Philippine-based startups and small- and medium-sized enterprises (SMEs) benefit from the recent popularity of QR Ph payments. The Maya 1-2-3 Grow promo bundle gives you a 1% merchant discount rate (MDR) on QR Ph sales facilitated through Maya. This generous MDR can give your business as much as PHP 14,600 in transaction fee savings for every PHP 1 million in QR Ph sales.
Though the offer is active for just 3 months from onboarding, you can add another month of accelerated savings simply by opening a Maya Business Deposit account and designating it as your settlement account. You can earn a 2.5% p.a. interest on your Maya Business Deposit account, which translates to PHP 25,000 per year if you have PHP 1 million in your account. Joining Maya 1-2-3 Grow also qualifies you for a Maya Flexi Loan offer of up to PHP 2 million, unlocking new funding to boost your business.
Sign up for Maya Business today to enjoy the Maya 1-2-3 promo bundle and Maya’s innovative online payment options for entrepreneurs!
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Maya is powered by the country's only end-to-end digital payments company Maya Philippines, Inc. and Maya Bank, Inc. for digital banking services. Maya Philippines, Inc. and Maya Bank, Inc. are regulated by the Bangko Sentral ng Pilipinas.
www.bsp.gov.ph