Finance
Maya waives withdrawal, InstaPay transfer fees for Middle East remittances
Until April 10, for families relying on remittances from loved ones in the region
Maya is extending support to Filipino families receiving remittances from loved ones working in the Middle East. This is through rebates for withdrawal and InstaPay transfer fees until April 10 as developments continue to unfold across parts of the West Asian region.
From March 23 until April 10, Maya users who receive remittances from select Middle Eastern countries can unlock a set of transaction rebates. This is designed to help them access and use the funds more easily.
Select countries include: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, Lebanon, and Jordan.
The region remains one of the Philippines’ most important remittance corridors. There are an estimated 2.4 million Filipinos residing in the region, based from Department of Foreign Affairs (DFA) data.
These overseas-based citizens contribute over US$ 6.4 billion in remittances in 2025 alone, based on preliminary Bangko Sentral ng Pilipinas (BSP) data.
Eligible Maya users who activate Maya XP will receive the following rebates:
- ATM withdrawals: PhP 18 credited back per transaction
- InstaPay transfers: PhP 15 credited back per transaction
In addition, eligible users may also enjoy cashback on mobile load purchases. The discount ranges from 1% to 3%, depending on their Maya XP level.
After receiving a qualifying remittance, eligible users will receive an invitation to activate
Maya XP. The invite will pop up within one to three days.
Eligible users can activate their Maya XP directly within the Maya app by accessing the Maya XP section in the Wallet Dashboard or Profile page and completing the quick “Get started” process, including providing the required consent.
Once activated, users can immediately begin enjoying rebates on eligible transactions.
Deals
Maya: Convert purchases to 0% interest Mini Payment plans
On select electronics and home appliance purchases for a limited-time only
Maya is offering consumers the opportunity to convert eligible electronics and home appliance purchases to 3-month Mini Payment plans with 0% interest.
That’s through the Maya Black Credit Card or the Landers Cashback Everywhere Credit Card. The promo period runs from August 1 to October 31, 2026, giving consumers more financial flexibility.
In addition, processing fees will be waived for Mini Payment plans availed until September 30.
Purchases will continue to earn instant Maya Miles or Landers Cashback Points with use of the corresponding card.
To avail of the mini-payment offer, simply make a single straight purchase worth at least PhP 10,000 using either card.
Once the transaction is posted on the Maya app, select the transaction and tap “Convert to Mini Payments”. Then, choose the 3-month Mini Payment plan to enjoy the promo.
GCash is future-proofing micro, small, and medium enterprises (MSMEs) with new customer-first payment innovations. This, as the Philippines continues to become a digital payments nation.
The app expanded its suite of solutions to make digital payments more accessible, convenient, and secure for merchants.
Rather than a one-size-fits-all solution, GCash has payment devices designed for different business sizes and ways of operating.
One is the GCash EasyPOS, an all-in-one terminal for medium and even large enterprises. This accepts QRPh, Visa, and Mastercard payments and also supports features like digital receipts, refunds, settlements, and transaction monitoring.
Meanwhile, GCash SoundPay Plus is designed for micro and small merchants, specially in the retail and F&B sectors. It combines QR payments, card acceptance, and instant voice confirmation so merchants can immediately check when a payment pushes through.
The rollout of these two solutions builds on earlier solutions GCash introduced, including PocketPay and SoundPay.
PocketPay is designed for MSMEs, bazaar or pop-up merchants, and mobile sellers who take their products and services wherever their customers are.
It turns an NFC-enabled Android smartphone into a contactless card terminal. This makes payments easy and affordable — without investing in additional hardware.
SoundPay, meanwhile, is a portable QR payment device that provides instant voice confirmation for every transaction.
According to Bangko Sentral ng Pilipinas (BSP), 57.4% of retail payment transactions by volume were made digitally in 2024.
The central bank is targeting a digital payment share of 60% to 70% by 2028, with businesses increasingly expected to support cashless transactions.
Finance
GoTyme Bank grows to 10 million users in the Philippines
Over US$ 859.4 million in customer deposits
GoTyme Bank has reached the 10 million-user milestone in the Philippines, one of its key markets.
A joint venture between the parent Tyme Group and the the local Gokongwei Group, the digital bank has officially grown to 10 million strong, its latest accomplishment after debuting in the country three years ago.
The milestone is backed by over PhP 53 billion (~859.4 million) in customer deposits and sustained engagement across the GoTyme Bank ecosystem.
A core driver of the bank’s rapid growth is its integration into users’ daily financial habits. GoTyme was the Most Used Visa Debit Card in the Philippines, based on Visa debit active usage data in 2025.
The bank has also offered free InstaPay transfers from the start (capped at 20 transactions a month) for greater flexibility. There are also more than 160 billers on the app.
Complementing the digital-first infrastructure is an extensive physical network. There are now more than 600 kiosks in major malls nationwide.
Customers can also conveniently deposit and withdraw cash through more than 2,500 Robinsons Retail store lanes. Cash deposit is also allowed through more than 4,500 7-Eleven stores nationwide.
Among GoTyme’s recent offerings is MoreTyme, a flexible, transparent, and easy-to-understand credit solution.
Through Visa, GoTyme also took part in FIFA World Cup 2026 campaigns, with raffle winners being flown to watch the matches live.
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