Maya, a trailblazer in digital financial services, is ramping up its efforts to cater to Filipinos across the globe. Holding the title of the Philippines’ premier Digital Bank App, Maya tailors its array of products and services to meet the unique needs of Filipinos living and traveling abroad, ensuring accessibility and convenience.
Shailesh Baidwan, Maya Group President and Co-Founder of Maya Bank, emphasized, “Given the vast Filipino diaspora, there’s an unprecedented demand for a comprehensive digital banking solution.” He further stated, “Maya is dedicated to empowering our global Filipino community just as we’ve transformed digital banking within the Philippines.”
Recent data highlights the expansive footprint of the Filipino diaspora, with over 10 million Filipinos residing or employed overseas. Furthermore, in 2023, more than 7 million individuals from the Philippines embarked on international journeys, encompassing overseas Filipino workers and tourists, as per the Bureau of Immigration’s records.
Initially focusing on facilitating money transfers for overseas Filipinos through a network of remittance partners, Maya has now evolved into a full-fledged digital bank. Its suite of services has grown substantially, providing Filipinos worldwide with comprehensive financial management tools. Maya stands out as the first and only digital bank app enabling Filipinos globally to save, invest, borrow, spend, access insurance, delve into crypto, and earn rewards—all through a unified digital platform.
Use Maya Conveniently Anywhere in the World
The Maya Card has swiftly become an essential companion for Filipinos both abroad and at home. Linked to the Maya account, it empowers users to make purchases at over 130 million merchants worldwide, courtesy of the extensive Visa and MasterCard networks. This positions the Maya Card as the preferred option for Filipinos seeking to shop in-store or online anywhere across the globe. Additionally, for those in need of cash, the card offers access to millions of ATMs worldwide.
Furthermore, the Maya app ensures users stay informed and in control of their finances effortlessly, eliminating the need for phone calls with instant transaction alerts. However, the advantages extend beyond mere convenience. Leveraging the Maya Card for international travel and shopping can enrich users’ banking experience by unlocking rewards such as earning up to a 14% annual interest rate or accessing instant credit. This not only streamlines financial management but also adds a layer of gratification.
Recognizing Maya’s excellence, Visa, a global leader in digital payments, bestowed upon Maya an award for being the foremost prepaid card issuer in the Philippines. This marks the third consecutive recognition, spanning from 2021 to 2023, reaffirming Maya’s commitment to innovation and customer satisfaction.
Seamless Digital Banking Anytime, Anywhere
For Filipinos around the world, especially overseas workers lacking traditional bank accounts, sending money to loved ones, settling bills, topping up airtime, accessing high-interest savings, and shopping online for family and friends has never been easier.
To facilitate these transactions, Maya has partnered with PLDT Global, offering Filipinos abroad a FREE virtual mobile number based in the Philippines. This number serves as their gateway to registering for a Maya account. The Smart Virtual Number (SVN) is obtainable through the TINBO (Tindahan ni Bossing) website.
This collaboration empowers users worldwide to receive their One-Time PIN (OTP) via their SVN, ensuring secure fund transfers from their Maya account to other banks.
Safe and Effortless International Remittance
Sending money to the Philippines from various countries including the USA, Canada, Saudi Arabia, UAE, Qatar, the United Kingdom, Singapore, Japan, Taiwan, South Korea, and beyond has been made simpler and more secure with Maya.
Overseas Filipino workers now have the convenience of utilizing international remittance partners from over 200 countries and territories to send funds directly to the upgraded Maya accounts of their loved ones and acquaintances in the Philippines.
Maya stands as the leading Fintech Ecosystem in the Philippines, comprising Maya, the foremost Digital Bank, and Maya Business, the premier Omni-Channel Payment Processor. For further details about Maya, visit maya.ph and mayabank.ph. Stay informed about the latest news and updates by following @mayaiseverything on Facebook, Instagram, YouTube, and TikTok.