Paymaya has evolved from an e-wallet to a powerhouse all-in-one money app called Maya. It’s everything and a bank and is available for early access starting today.
Maya combines the popular PayMaya e-wallet with new features like crypto and an innovative digital banking experience powered by the BSP-licensed digital bank Maya Bank.
This new app will make your money work harder for you than any other e-wallet or bank in the market today. To top it all off, it’s free to download and register from the Google Play Store or the Apple App Store.
The new Maya comes with an array of features that make money handling easier and more seamless.
Maya Savings – high-yield savings account with a 6% introductory interest rate, the highest offered by a local bank. The initial offer is available until August 31, 2022. It is powered by Maya Bank. Eligible PayMaya customers will be able to move money from their e-wallet to Maya Savings with just a couple of clicks in the app and earn interest on their balance. To enjoy this, all you need is an upgraded Maya account. In addition, it requires no maintaining balance.
Maya Credit – a virtual credit line that lets you borrow up to PhP 15,000 within the app. You can use this to pay your bills, buy groceries, buy groceries, purchase load, or upgrade your smartphone. This credit line can be accessed in as fast as 60 seconds for eligible users.
Maya Crypto – the easiest way to start your crypto journey. You can buy, hold, and sell popular cryptocurrency coins, including Bitcoin, Ethereum, Solana, Tether, and more. For as low as PhP 1.00 all within the new Maya app!
Maya Wallet – the new Maya app continues to have all the e-wallet features that made PayMay the top-rated local finance app in the country. Only now, it comes with a revamped customer experience. You can still enjoy free cash-in through over 90,000 touchpoints across the country so you can spend your money on the things that matter.
Moreover, you can soon switch from light mode to dark mode on the app. You can even own a username that will as your new Maya identity and a more convenient way to send and receive money. These are all for a more personalized experience.
And that is not all. Soon, you will be able to go from light mode to dark mode on the app. To make your experience even more personalized, you can even own a username that will serve as your new Maya identity for a quicker and more convenient way to send and receive money.
Also coming soon is the bank’s goal-based savings that will allow you to set aside money to buy your first vehicle or take that well-earned break.
Maya integrates all these features into one seamless in-app experience. This money app is easy to navigate – with Wallet, Savings, Credit, and Crypto, just a simple swipe or tap in one app.
“Maya is all about challenging conventions — and this translates into the experience we’re giving our users with this new all-in-one money app. With this transformation, we want to enable Filipinos to make bolder choices with their money and seize opportunities – big and small,” said Shailesh Baidwan, PresWent of PayMaya, and Co-Founder and Board Member of Maya Bank.
“We are combining the power of an innovative wallet and a secure, progressive digital banking experience powered by BSP-licensed Maya Bank to transform how Filipinos experience money. This unparalleled digital app experience is supported by Maya Business, the country’s leading payment processor for enterprises, and the widest on-ground network of Maya Center agents,” he added.
Co-create a revolutionary all-in-one money app
The company also invites everyone to join the Maya Early Access Challenge. In addition to being among the first to experience Savings, Crypto, Credit, and more – you can also have the chance to become the first-ever Maya Bitcoin millionaire. All you have to do is take the challenge!
Here’s how to join:
- Just download Maya, and register.
- On the app’s home page, tap the ‘More’ button and choose Missions. From there, you’ll be able to join the Maya Early Access Challenge Cash in at least PHP 100 and upgrade your account to unlock Maya Savings with its 6% interest rate.
- Cash in at least P100 and upgrade your account to unlock Maya Savings with its 6% interest rate.
Opening your Savings account will earn you points for the challenge. You earn more points whenever you complete more Early Access Challenge missions. These missions include sharing your feedback on the app, referring your friends to the app using your code, and using more features like Pay Bills, Buy Load, and more.
You will be assigned a Maya level depending on your score. Here are the levels:
- Maya Master – top 5% of users with the highest score
- Maya Enthusiast – next 10% of users with the highest score
- Maya Explorer – next 15% of users with the highest score
The higher your score, the more chances you have of winning this and other prizes.
The Maya Explorers will get a chance to win PhP 300,000 worth of Bitcoin. While the Maya Enthusiasts can take home PhP 600,000 worth of Bitcoin. Lastly, the Maya Masters will have the chance to take home another PhP 1,000,000 worth of Bitcoin.
On top of this, all participants with a Maya savings account will get a chance to win PHP 1,000,000 worth of Bitcoin.
You will receive an SMS with a tally of your score to know your score. Additionally, you can check the leaderboard on the homepage.
Download the app now and register to experience the new all-in-one money app and get a chance to become a Bitcoin millionaire.