Mandaluyong City has recognized Maya, the Philippines’ #1 Digital Bank and #1 Omni-Channel Payment Processor, as one of its Top 10 Taxpayers for 2024. This recognition underscores Maya’s strong commitment not only to contributing to the city’s economic growth but also to advancing digital transformation through innovative financial technology.
As a leading fintech company, Maya has played a vital role in modernizing payment systems within Mandaluyong City. By providing secure and efficient cashless payment solutions, Maya has empowered local government offices, micro, small, and medium enterprises (MSMEs), and residents to embrace digital transactions. These solutions have significantly improved the efficiency of financial operations, reducing reliance on cash-based transactions and promoting financial inclusion across various sectors.
Maya’s digital payment services have been instrumental in enhancing the way businesses and government agencies conduct transactions. With secure and user-friendly platforms, local establishments can now accept payments seamlessly, improving their overall operational efficiency. Likewise, Mandaluyong’s local government has benefited from Maya’s technology, ensuring smoother and more transparent financial transactions that benefit both public services and the community at large.
“We are honored to be recognized as one of Mandaluyong City’s top taxpayers. This underscores our commitment to fulfilling our obligations and driving financial inclusion and digitalization in the communities we serve,” said Orlando B. Vea, Founder and CEO of Maya and Co-Founder of Maya Bank. “Through our digital payment solutions, we continue to support local businesses, government services, and everyday consumers in making transactions more seamless, secure, and accessible.”
Maya’s contribution extends beyond tax compliance; it actively fosters economic growth by equipping MSMEs with the tools they need to thrive in a rapidly evolving digital landscape. By enabling businesses to accept cashless payments, Maya helps them tap into a wider customer base, reduce operational risks, and enhance overall financial security. This shift towards digital finance not only benefits entrepreneurs but also strengthens the local economy by fostering a more efficient and transparent financial ecosystem.
Furthermore, Maya’s commitment to innovation has positioned it as a key driver of fintech adoption in the Philippines. With its seamless banking and payment solutions, the company continues to redefine the way Filipinos manage their finances. By integrating banking and payments into a single digital ecosystem, Maya empowers individuals and businesses alike, making financial transactions more accessible and convenient.
Mandaluyong City’s recognition of Maya as a top taxpayer reflects the company’s unwavering dedication to responsible corporate citizenship. By fulfilling its tax obligations and supporting the city’s digitalization efforts, Maya contributes to sustainable economic development and improved public services. As more local governments embrace digital transformation, Maya remains at the forefront, helping to shape a future where financial services are more inclusive, efficient, and secure.
As Maya continues to lead in digital banking and payments, its impact on financial inclusion and digitalization grows stronger. The company remains steadfast in its mission to empower Filipinos through fintech-driven solutions, ensuring that businesses, government entities, and consumers benefit from a seamless and secure digital financial experience. With a commitment to innovation and community development, Maya sets the standard for the future of financial technology in the Philippines.
