THE Junior Chamber International (JCI) Philippines Inc. announced it recently tapped financial technology (fintech) firm PayMaya Philippines Inc. to enhance its digital transformation efforts.
JCI Philippines said the move would allow the association to implement online collection of fees for conferences and payments for merchandise.
JCI Philippines President Jude A. Acidre said members can pay for their dues and event fees using PayMaya, any Visa, Mastercard and JCB credit or debit card as well as other e-wallets. The organization is equipped with PayMaya’s terminal for face-to-face transactions; payment links for email, SMS and messaging apps with PayMaya’s digital invoice. Soon, JCI said, it would be able to use PayMaya’s checkout for web-based payments.
“Today, equipping our association with the right digital payments platform has never been so critical because we are still facing this pandemic,” Acidre was quoted in a statement as saying. “PayMaya has truly helped JCI Philippines to efficiently collect funds for various projects—ranging from conferences, merchandise sale, and even charitable activities.”
To further encourage its members to practice safer contactless transactions, Acidre said JCI Philippines will encourage its over 5,000 active members nationwide to open a PayMaya account. Acidre said they would begin distributing PayMaya physical cards to members before October.
PayMaya Managing Director and Head of Enterprise Business and Sales Mario M. Lazaro said they “salute” JCI Philippines “for providing their members with the knowledge of how digital payment platforms can help level up their businesses.”
Acidre said PayMaya has also been an ardent supporter of their advocacies such as digital transformation and entrepreneurship. Since majority of the JCI Philippines members are business owners, he said PayMaya has been active in participating in their regular townhall, where the fintech firm has been a regular resource.
He added PayMaya officers have been regularly sharing tips, insights and various solutions that business owners can avail of as they plot out their business’ digital transformation during lockdown measures.
“We appreciate PayMaya’s efforts to go beyond being a tech enabler. It has been extending support by sharing its expertise to empower our members with the knowledge and tips they need as they equip their businesses with digital payment solutions,” Acidre said.
PayMaya has accelerated its efforts to equip merchants, communities and government agencies with digital payment solutions as more Filipinos prefer cashless and contactless transactions as part of its financial inclusion mission.
Through its enterprise business, PayMaya is the largest digital payments processor for key industries in the country, including “every day” merchants such as the largest retail, food, gas and electronic commerce merchants, as well as government agencies and units.