The current situation of our world requires us to stay at home by all means but that doesn’t mean that all our monthly dues for loans and other expenses will also be staying at home. Some banks may be considerate enough to extend our monthly dues but not everyone else. Your landlord may extend your monthly rent due but not for others. Like us, even we are facing the crisis we are still obliged to pay it through bank deposit, or else we will be left with no home.
The question is, not everyone else has the capability to go out especially if you don’t own a private vehicle. So what may be the best solution?
You probably don’t have to pay your monthly expenses if you don’t hear about online payment transactions.
How does it work?
In this review, we will tackle the secure online payment application called Pay Maya. But for now, let’s take a brief look at their history. The Pay Maya Philippines Software application is formerly known as Smart e-money. Inc. It is the pioneer software application for mobile money and payments. Also it is the subsidiary of the Voyager Innovations, and the digital innovations company of PLDT and Smart. You are not familiar with any of those? Well if that’s the case, you are probably residing outside of the Philippines. But wait there’s more, even if you are not residing in the Philippines you can still use this as your alternative mobile banking application. Even Overseas Filipino worker residing outside of the Philippines can use this mobile money application as long as the establishment accept credit or debit cards. Yes, you are reading it right! Pay Maya also offers a card just like other debit and credit card and it also has an EMV chip for added security.
Now here comes the good part, this mobile money application called Pay Maya is an app that gives everyone a virtual prepaid card for shopping even it's online or in person. People can also book flights and pay bills online with the help of this application. Nowadays, since we are facing a pandemic these kinds of mobile money application helps us to get through with our daily life cycles such as paying bills, transferring money and a lot more. I know that you might be probably curious about how to get this application and how to use it.
Firstly, you can download this mobile money application through your play store or app store. Second, you can register your mobile number. Note that any number can do, even you are not a Smart mobile network user. Well, I’m a different network user but I managed to have a Pay Maya. They will send a confirmation code to your mobile number before you can proceed. It’s worth the wait and it's one of the processes authenticating if you are a legit user. Once you verify your mobile number you can successfully create a password and log in to your account. But wait, there’s more! As a user you also need to verify your account details before you can fully use all their services. Pay Maya will ask you to fill out the required information such as Full Name, Contact Number, Birthday, and Present Address, Present Work position, Field of work, and a lot more. The second verification is the Primary Valid ID. You can only choose the following:
Social Security System (SSS Card)
Professional Regulation Commission (PRC) ID
If you don’t have any of those then maybe this mobile money application is not for you.
The last requirement that Pay Maya will ask you is to submit a 4 to 5-second video selfie. When taking the video selfie, you must take note of the required gestures and follow the instructions well. But of course, your face should be the same with your ID, or else you may be accused of identity theft. A piece of advice, review your application first before you click on SUBMIT to avoid being declined on the verification process.
Users can add money to their Pay Maya account in two ways. Link the bank account in your Pay Maya and click on cash in or add money using the 40,000 partners all over the Philippines such as Palawan Pawnshop, Smart Padala, Business Services of different malls, and of course 7-Eleven. Just simply present the QR code of your Pay Maya at the merchant’s site and pay.
For the product and services of this mobile money application, first is it offers a Virtual Card meaning that users can avail virtual Visa or MasterCard Instantly. The good news is they can also avail of the physical card itself at any retail store of Smart Communication Inc and enjoy the privileged of withdrawing money or swiping your card at any store. Pay Maya Payout also offers services to employees. It is a disbursement solution to manage their payroll, other allowances, and even incentives. For businesses, Pay Maya enables business owners to accept different card payments at any time.
If you are being problematic about how you would be able to pay your bills on time even we are facing this pandemic. This mobile money application may be one of the solutions. One of the services it offers is the online payment for your electricity bills, water bill, government contributions such as Pag-Ibig, SSS, Philhealth and even paying your NBI! But there’s more, do you have someone living in the Province or outside of your vicinity? Have you heard of Smart Padala? Yes, you read it right. Pay Maya can send money through Smart Padala.
To further clarify all the details, I list down below the advantages and disadvantages of this mobile money application.
Easy to use! Download, sign up, and verify then you are off to go.
Can be loaded online or through payment partners.
Money can be withdrawn in any ATMs nationwide as long as your Pay Maya is verified.
It serves as a great alternative for those who doesn’t have a debit or credit card.
Users can check the balance of their account through the application online.
Users can see all the transactions in-app.
It can be use as an e-loading business.
Loading might take some time, requires a lot of patience especially if they were having a system error.
Users must have a smartphone to use.
Some websites might still not accredited to use Pay Maya.