Home Lifestyle Food McDonald’s expands digital payment options with PayMaya

McDonald’s expands digital payment options with PayMaya

McDonald’s has expanded their payment options for their NXTGEN stores. The fast food giant will start accepting PayMaya QR payments in their NXTGEN stores on top of existing card options.

The renewed partnership expands on an earlier collaboration which enabled McDonald’s to accept Visa, Mastercard, and JCB credit, debit, and prepaid card payments either via its new self-ordering kiosks in NXTGEN stores or over the regular store counter.  

The announcement coincided with the reopening of McDonald’s 32 Street branch, located between 32 Street and 5th Ave. in Bonifacio Global City in Taguig, the newest McDonald NXTGEN store offers the convenience of multi-point ordering. Most noticeable are the self-ordering kiosks that allows customers a digitalized alternative to order and pay for their food, providing a more seamless transaction.

“We’ve received great feedback from customers about McDonald’s NXTGEN. They have noticed the elevated dining experience that it offers, which is why we are bullish about continuing its roll out to more parts of the country. With our expanded collaboration with PayMaya through QR payments on top of card acceptance in our stores, we are able to offer another convenient way for our customers to pay for their favorites,” said  Kenneth S. Yang McDonald’s Philippines president and CEO. 

Payment via PayMaya QR code will initially be available in selected stores in Bonifacio Global City in Taguig, but will be available in all stores accepting cashless payments next month.

“We congratulate McDonald’s for being one of the trailblazers in pushing for innovations in the quick-service restaurant industry, and our expanded partnership with them brings the payment experience of customers to a whole new level,” said PayMaya founder and CEO Orlando B. Vea.  

The move to digital payment methods is also in support of the Bangko Sentral ng Pilipinas’ (BSP) Nation Retail Payments System (NRPS) initiative which aims to elevate digital transaction in the country.

“We laud BSP for their bid to grow the cashless economy in the country. Through their leadership and partnership with a brand like us [McDonald’s] and innovative financial service providers like PayMaya, I believe that their goal of the Philippines to be a 20 percent cashless country by 2020 will be achieved,” Yang added.

“We, at the BSP, acknowledge the crucial role the private sector plays in driving the digital transactions in the country. Together with the government and key industry enablers, we must work hand in hand towards our common goal of increasing electronic payment transactions in the country to 20 percent by next year. As we empower more consumers and businesses to adopt digital payments, we are promoting wide access to financial services leading to a more inclusive and sustainable economy,” said BSP Governor, Benjamin E. Diokno.