You can now instantly transfer funds to more than 40 banks with your PayMaya account

Getting turned off by the hassles and extra transaction fees of moving money to another bank account? Did you wish you didn’t have to line up at a bank branch just to make a deposit? Now there’s no need to worry you can now skip the line and send money to the most convenient way with Pay Mayas Send Money to Bank feature powered by Insta Pay!

That’s right, with your upgraded Pay Maya account you can send money* to over 40 local banks and financial institutions that can receive money via Insta Pay.

Whether they’re sending money to an online seller or transferring money from one of their bank accounts to another, everything is instant and seamless with Pay Maya’s new Send Money to Bank feature, said Shailesh Baidwan, President of Pay Maya.

In the app, go to Send Money and select To Bank Account. In the next screen, choose the bank or financial institution you’ll be sending money to, put in the amount you want to send, and fill in all the important details of your recipient.

This new feature is also under the efforts of the Bangko Sentral ng Pilipinas to increase the percentage of digital transactions in the country to 20% by the year 2020, under the National Retail Payment System (NRPS).

Get your own Pay Maya account by downloading the Pay Maya app now for iOS or Android, and signing up today to feel the joy of sending money to anyone, anytime in the fastest, most secure, rewarding, and hassle-free way!

To know how you can get even more from your PayMaya account, check out www.PayMaya.com/deals or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.  

PayMaya, the digital financial services arm of Voyager Innovations, is the only financial technology company in the Philippines offering integrated consumer and merchant payment solutions with the widest on-ground branch network. It is the first to give millions of Filipinos an e-wallet that allows them to pay cashless transactions at any time of the day, anywhere in the world, and from any device. It is the financial technology arm of Voyager Innovations, the leading technology company in the country backed by PLDT, KKR, Tencent, World Bank’s IFC and the IFC Emerging Asia Fund.

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