Maya has integrated the Philippine Statistics Authority’s National ID eVerify service into its digital onboarding process, allowing eligible customers to verify their identities without uploading a physical ID. The fintech is also using agentic AI and automation in KYC workflows, reporting an 84% improvement in consumer onboarding turnaround time.
GCash for Business is positioning SoundPay Plus as a flexible payment tool for SMEs adapting to changing customer behavior. The device supports QR Ph and card payments with real-time voice confirmation, giving businesses such as Bun Run and Kyoto House a way to handle growing volumes of cashless transactions across permanent stores, pop-ups, and bazaars.
Maya executives say stronger customer controls, operational resilience, and regulation that can keep pace with evolving threats are becoming central to trust in digital financial services.
As Filipinos increasingly use...
Maya Bank president and CEO Angelo Madrid says ASEAN’s next phase of financial inclusion will depend on stronger shared digital infrastructure, clear and predictable regulation, competitive markets, and consumer protections that allow digital financial services to remain accessible and sustainable.
A smartphone can now do more of the work of a traditional payment terminal.
Visa and UMSI have launched U Accept, allowing eligible MSMEs to receive contactless card payments and pay-by-link transactions through the uGrow app, without requiring a conventional POS device.
Opening a financial account is only the beginning.
Maya says the next stage of financial inclusion should focus on whether people can actually save more, access responsible credit, grow a business, and better withstand financial emergencies, with data, AI, and better product design playing a larger role.
Apple Pay is now available in the Philippines for eligible Visa and Mastercard credit and debit cards. Cardholders can add supported cards to Apple Wallet and make contactless, in-app, and online payments through an iPhone, Apple Watch, iPad, or Mac, with transactions protected by device authentication, dynamic security codes, and tokenized card information.
Business owners need faster access to the right financial information.
EastWest’s new ECHO AI chatbot helps entrepreneurs explore cash management solutions for collections, payments, payroll, and cash flow, then connects them with a bank representative for more personalized support.
GCash users will soon have another way to pay without topping up their wallets first.
A new Visa and GCash link-and-pay feature will allow eligible Visa cards to fund QR transactions directly, with each payment protected by biometric authentication through Visa Payment Passkey.