The Department of Science and Technology (DOST) tapped PayMaya’s digital payments service for its OneSTore.ph e-commerce platform.
The arrangement provides a boost to DOST’s goal for OneSTore.ph to expand the market of local small enterprises.
This will allow sellers on the site to accept payments via any Visa, Mastercard and JCB credit, debit and prepaid card as well as PayMaya’s e-wallet.
“With the OneSTore.ph platform, we help [small businesses] expand their market online which reaches virtually every corner of the country. And now that we have digital payments acceptance from PayMaya, the online shopping experience on the platform just got even more convenient,” Science and Technology Secretary Fortunato dela Peña said in a statement.
Through PayMaya Checkout, businesses of all sizes can easily accept payments via card and other emerging payment options such as PayMaya, which requires the customer to input their mobile number to pay for purchases online.
“The benefits of digital should be felt by all, not just by large enterprises or big-named merchants, which is why we have designed our platforms, particularly PayMaya Checkout, to be able to scale and adapt to the needs of all businesses, no matter the size or location,” PayMaya CEO and Founder Orlando B. Vea said in the statement.
PayMaya, developed by financial technology firm Voyager Innovations, and DOST are also eyeing digital payments for OneSTore physical hubs that will be launched across the country.