Maya Business recognizes growth leaders in business payments
Maya Business, the country’s largest processor of business payments, continues to propel the rapid growth of enterprises through leading-edge digital payment technologies and integrated financial services.
As consumers demand safer, more reliable, and more convenient transactions, Maya Business equips the biggest names in the retail, eCommerce, and service sectors with the broadest range of payment acceptance solutions. These innovations allow businesses to accept any credit, debit, and prepaid card, scan-to-pay via QR, or pay via Maya wallet, whether online or on-ground.
Solutions include Maya Checkout for online payments, Maya Payment Links for digital invoicing, Maya QR enabled by QR Ph Person-to-Merchant (P2M) payments – the national standard promoted by the BSP, and Maya Terminal, the country’s first android point-of-sale device.
Maya Business recognizes Growth Leaders among its merchant partners. These are businesses that made big moves with digital payments, leading to growth for their companies and their respective industries.
“We’re proud to be the all-in-one growth partner of enterprises through Maya Business. Our unique solutions empower businesses to exceed their growth target and expand their market. With our Maya Business partners, we are making big moves in driving digital financial services adoption across the length and breadth of the country,” said Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder.
Maya Business, formerly PayMaya Enterprise, is powered by the country’s only end-to-end digital payments company, PayMaya Philippines, and Maya Bank for digital banking services.
Enabling big moves with fintech
One of the trailblazing partners utilizing Maya’s digital financial solutions suite is Suyen Corporation, a Philippine conglomerate known for the most-beloved clothing brand Bench.
With the thrust of providing convenience, giving more options to consumers, strategic promos and rebates, and the seamless integration of solutions in its website and stores, Suyen Corporation almost doubled its year-on-year volume for cashless payments processed by Maya Business.
“Even before the pandemic, Filipino consumers were already transitioning into the digital lifestyle. As one of the leading retail companies in the Philippines, we had to quickly make bold moves in providing our consumers with what they needed and wanted. Maya Business helped us in bringing our products closer to the Filipino consumer,” said Bryan C. Lim, Suyen Corporation, VP for Business Development.
Big moves for businesses, big moves for industries
Maya Business recently recognized the Bench group of brands under Suyen Corporation. as one of the Growth Leaders in the National Cashless Payment Category of its Digital Trailblazer Awards program for utilizing financial technologies to grow its business and adapt to the ever-changing sphere of commerce in the Philippines.
Maya Business Growth Leaders are merchant partners who made big moves with digital payments, leading to growth for their companies and their respective industries.
Bench group of brands under Suyen Corporation was recently recognized by Maya Business as one of the Growth Leaders in the National Cashless Payment Category of its Digital Trailblazer Awards program. Jude Ong, General Manager of Suyen Corporation joined the event to receive this award. Giving the recognition from Maya Business is PayMaya Group President and Maya Bank Co-Founder Shailesh Baidwan (2nd from left), PayMaya Managing Director and Head for Maya Business Mar Lazaro (left) and PayMaya Chief Operating Officer Khurram Malik (2nd from right)
Unioil Petroleum Philippines and Petron Corporation were feted as National Cashless Payment Leaders alongside Suyen Corporation for growing digital transactions through on-ground payment channels.
On the other hand, Smart Communications Inc., Grab Philippines, and Shopee Philippines garnered the National Online Payments Leader award. These top companies contributed to growing online payment transactions in the country.
Electronic Commerce Philippines (ECPay) and CIS Bayad Center (Bayad) received the Outstanding Partner for Customer and Partner Enablement for helping onboard more merchants and billers to digital payment channels.
Mandaue Foam topped the Growth Leader in the Regional Online Payments category, while LCC Malls received recognition as the Growth Leader in Regional Cashless payments.
“These Growth Leaders have proven that digital is the way to go. Their enthusiasm and bravery in accelerating their digital transformation encourage more like-minded enterprises to make bigger moves,” said Mar Lazaro, Managing Director and Head of Maya Business at PayMaya.
During its recently held launch event, Maya Business recognized its partners under the Digital Trailblazer Awards 2022 program. On top of Growth Leaders, Maya Business also honored Financial Inclusion Heroes and Ecosystem Builders.
Maya Business is committed to accelerating digital transformation among enterprises and consumers in line with the national targets under the Bangko Sentral ng Pilipinas (BSP) Digital Payments Transformation Roadmap 2023 and the eCommerce Philippines Roadmap 2022 adopted by the Department of Trade and Industry (DTI).
To know more about Maya Business, visit maya.ph/business and follow @MayaBusinessPh on Facebook.
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