Iconic MNL

Philippines' leading lifestyle portal.

  • HOME
  • FEATURED
    FEATUREDShow More
    Redmi Note 14 Review
    Redmi Note 14 Review: Affordable Smartphone with Impressive Features
    Celebrate Love Month at Pico Sands Hotel
    Celebrate Love Month at Pico Sands Hotel: A Romantic and Family-Friendly Escape
    February 18, 2025
    Park Inn by Radisson North Edsa Deluxe Room
    Park Inn by Radisson North Edsa: A Perfect Urban Getaway
    January 27, 2025
    Celebrating My Birthday in Style at Lanson Place Mall of Asia
    Celebrating My Birthday in Style at Lanson Place Mall of Asia
    January 25, 2025
    How Sylvester Sy Transformed His Passion for Photography into Inspiring Content Creation
    How Sylvester Sy Transformed His Passion for Photography into Inspiring Content Creation
    February 4, 2025
  • LATEST NEWS
  • TECH
    • DIGITAL TRENDS
    • SMARTPHONES & TABLETS
    • DESKTOPS & LAPTOPS
    • WEARABLES
    • PERIPHERALS
    • MONITOR
    • GAMING
    • APPLIANCES
    • AUTOMOTIVE
    • TELCO
    • TECH REVIEW
  • LIFESTYLE
    • TRAVEL
      • ACCOMMODATION
      • FLIGHTS
    • SHOPPING
    • FINANCE
      • FINTECH
      • REAL ESTATE
    • FOOD + DRINKS
    • FASHION
    • ENTERTAINMENT
  • HEALTH & WELLNESS
    • FITNESS
    • BEAUTY
    • HAIR
    • TREATMENTS
  • CONTACT
Notification Show More
Font ResizerAa

Iconic MNL

Philippines' leading lifestyle portal.

Font ResizerAa
  • HOME
  • FEATURED
  • LATEST NEWS
  • TECH
  • LIFESTYLE
  • HEALTH & WELLNESS
  • CONTACT
Search
  • HOME
  • FEATURED
  • LATEST NEWS
  • TECH
    • DIGITAL TRENDS
    • SMARTPHONES & TABLETS
    • DESKTOPS & LAPTOPS
    • WEARABLES
    • PERIPHERALS
    • MONITOR
    • GAMING
    • APPLIANCES
    • AUTOMOTIVE
    • TELCO
    • TECH REVIEW
  • LIFESTYLE
    • TRAVEL
    • SHOPPING
    • FINANCE
    • FOOD + DRINKS
    • FASHION
    • ENTERTAINMENT
  • HEALTH & WELLNESS
    • FITNESS
    • BEAUTY
    • HAIR
    • TREATMENTS
  • CONTACT
Follow US

Home - FINTECH - Maya, BSP, DILG spearhead Paleng-QR Ph Plus launch in Pasig City

FINTECH

Maya, BSP, DILG spearhead Paleng-QR Ph Plus launch in Pasig City

By Iconic MNL
Published: March 4, 2023
Share
5 Min Read
Maya BSP DILG spearhead Paleng QR Ph Plus launch in Pasig City
Maya BSP DILG spearhead Paleng QR Ph Plus launch in Pasig City
SHARE

Maya, the country’s #1 digital banking app and all-in-one money platform, is accelerating its drive to promote digital retail payments in public markets across the National Capital Region (NCR), starting with Pasig City.   

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and Pasig City Mayor Victor Ma. Regis “Vico” Sotto kicked off the Paleng QR Plus launch today at the Pasig Mega Market.   

BSP Governor Felipe Medalla said the push to encourage QR payments helps businesses to better access advanced financial services by creating a digital footprint. “As you remit payments, the payments themselves generate a new set of data that can be used to replace the primitive ways of lending which are based on collateral,” he said.

“QR Ph greatly simplifies retail payments, making it easier for consumers and merchants to embrace digital for everyday transactions. With Paleng-QR, we’re bringing QR Ph to the heart of our communities – our public markets. We are proud to support the program’s rollout in Pasig City, one of the most digital-forward local governments in the country,” said Shailesh Baidwan, Maya Group President.   

“The rollout of QR Ph Plus will benefit our economy. It will help fight against counterfeit money, make giving and receiving change more accurate, and prevent losing coins,” Pasig City Mayor Vico Sotto said in Filipino. 

Maya has led the fintech and banking industry in the nationwide rollout of Paleng-QR Ph, including Baguio City, Davao City, Tagbilaran City, Naga City, and Lapu-Lapu City.  

Paleng-QR Ph Plus

Maya is already powering the digital payment acceptance for thousands of local enterprises in the city, from large malls to small shop owners. It also has hundreds of Maya Centers across the city’s 30 barangays where consumers can cash in and cash out for free. Maya’s support of the Paleng-QR Ph launch in Pasig City is part of its thrust to strengthen the local government’s cash-lite initiatives.  

Joining Maya’s Paleng-QR Ph rollout is PLDT’s wireless unit Smart Communications. Smart has boosted the city’s network to provide the fast and reliable connectivity needs of Pasigeno merchants, tricycle drivers, and consumers.   

As an ecosystem leader, Maya is the first fintech company to roll out QR Ph for both person-to-person (P2M) and person-to-merchant (P2M) payments. Maya QR can send and receive payments from any QR-compliant e-wallet or bank app.   

Consumers can enjoy the QR Ph interoperability through Maya’s superior omnichannel touchpoints, allowing even non-Maya app users to transact with merchants via Maya QR Standees, Maya Terminal point-of-sale devices, and online checkout via Pay with Maya.   

Today, Maya has enabled over 800,000 QR Ph Maya merchants in 96% of the country’s cities and municipalities.

Maya and Smart, together with the BSP, spearhead the launch of PalengQR Ph Plus for a more financially-inclusive Pasig City.

All-In-One Banking and Money Platform   

Maya is leading the charge towards building more Paleng-QR Ph-ready local governments as the initiative enables consumers and micro-enterprises to access more advanced banking services powered by the #1 digital bank.   

Consumers and MSMEs can build their financial footprint by regularly doing QR Ph transactions. This footprint is important to access Maya’s game-changing and life-enhancing financial services such as its high-interest deposit account and instant credit inside the Maya app.   

Maya’s support of QR Ph and Paleng-QR is part of its integrated ecosystem approach, unmatched by any bank or e-wallet in the country.   

Launched in August 2022, the Paleng-QR Ph program aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and local transportation, particularly tricycles.

Visit maya.ph for more information. Follow Maya at @mayaiseverything on Facebook, Instagram, YouTube, and TikTok, and @mayaofficialph on Twitter for updates.

Related

Share This Article
Facebook Copy Link Print
Share

Stay Connected

FacebookLike
XFollow
PinterestPin
InstagramFollow
TiktokFollow
Google NewsFollow

Latest News

PUMA Drops New Collection Inspired by Final Season of Hit Netflix Series Squid Game
PUMA Drops New Collection Inspired by Final Season of ‘Squid Game’
FASHION
July 1, 2025
Geely Philippines Launches EX5 EV and Okavango Elite Hybrid for Smarter Driving
Geely Philippines Launches EX5 EV and Okavango Elite Hybrid for Smarter Driving
AUTOMOTIVE
July 1, 2025
Pizza Hut unleashes heroic new flavors in epic team up with DC Studios Superman
Pizza Hut unleashes heroic new flavors in epic team-up with DC Studios’ Superman
FOOD + DRINKS
July 1, 2025
TCL Unveils Inspiring Court at Araullo High School in time for Olympic Day
TCL Unveils Inspiring Court at Araullo High School in time for Olympic Day
LATEST NEWS
July 1, 2025
Max Collins and Michelle Dee slayed perfect dreamy photos with vivo V50's ZEISS Style Bokeh effects
Max Collins and Michelle Dee Slay with vivo V50’s ZEISS Style Bokeh for Pro-Level Portraits
SMARTPHONES & TABLETS
July 1, 2025
Power Mac Center Hosts Exclusive Product Launch for Native Union’s Latest Tech Essentials
Power Mac Center Launches Native Union’s Latest Tech Essentials
TECH
June 30, 2025
Xiaomi SU7 Ultra
Xiaomi SU7 Ultra Launches with Track Package and Nürburgring Limited Edition
AUTOMOTIVE
June 27, 2025
XiaomiAI Glasses
Xiaomi Unveils New AI-Powered Devices
TECH
June 27, 2025

Follow Us On Facebook

You Might Also Like

Money managing tips to improve your finances with Maya
FINTECH

Practice these money-managing tips to improve your finances with Maya

July 28, 2023
Get banked with Maya and unlock a Year of Jet Setting Adventures
FINTECH

Get banked with Maya and unlock a Year of Jet-Setting Adventures

March 13, 2024
Transfer Money From Paypal To Paymaya
FINTECHFEATURED

How To Transfer Money From Paypal To PayMaya?

February 20, 2024
Maya Olympic Games Paris Card
FINTECH

Visa and Maya Celebrate Filipino Excellence with the Olympic Games Paris 2024 Card

July 6, 2024

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Join 68K other subscribers

Quick Link

  • MY BOOKMARKS
  • CONTACT
  • PRIVACY POLICY
  • TERMS OF SERVICE

Top Categories

  • FEATURED
  • TRAVEL
  • DIGITAL TRENDS
  • TECH REVIEW
  • BEAUTY
Follow US
  • Homepage
  • About Us
  • Contact
  • Advertise
 

Loading Comments...
 

    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?