Published December 30, 2020, 4:05 PM
More Filipino business owners and casual sellers have readily embraced digital payments as a key component of doing business under the New Normal, propelled by ready business-in-a-box solutions from digital financial services leader PayMaya.
As of end-November, the number of micro-, small-, and medium enterprises (MSMEs) utilizing PayMaya’s various digital payment acceptance solutions have grown exponentially by 2000% year-on-year, signifying a sea change in how merchants are doing business as a way to cope from the economic effects of the pandemic.
“With consumers now more conscious about health and safety, cashless has fast become the default preference of Filipino consumers. With this shift, PayMaya has readily enabled our MSMEs to pivot and thrive by providing digital payment capabilities as well as additional income opportunities through our various payment solutions,” said