Finance

PayMaya opens crypto feature

Start your crypto journey easily for as low as PhP 1

Published

April 8, 2022

GadgetMatch

E-wallet brand PayMaya is finally launching its cryptocurrency feature through its all-in-one financial app.

This allows Filipinos to jumpstart their cryptocurrency journeys without having to register another account as processes and transactions will all be done on the PayMaya app.

All existing PayMaya users will only have to upgrade their accounts to start buying and earning digital assets such as Bitcoin and Ethereum for as low as PhP 1.

Other popular coins and tokens available for trading are Cardano (ADA), Chainlink (LINK), Uniswap (UNI), Solana (SOL), Quant (QNT), Polkadot (DOT), Polygon (MATIC), and Tether (USDT), with more coming soon.

PayMaya developed this feature under its Invest platform in connection with Coinbase Institutional, the largest publicly traded crypto company in the world and the trusted bridge to the crypto-economy.

Crypto made easy

After users have upgraded their PayMaya accounts, they may conveniently access the crypto feature to start investing.

PayMaya also offers access to tutorials and guided content to help interested users understand the basics of crypto.

Cashing in is likewise easy with over 90,000 outlets nationwide offering the service for free.

Start your crypto journey

To start buying crypto on the PayMaya app, follow these simple steps:

Tap Crypto on the PayMaya homepage.
2. Tap Buy on the bottom of the screen, then select the desired cryptocurrency.
3. Input the desired Philippine Peso (PHP) amount you want to spend. You will see the equivalent cryptocurrency value based on an estimated market price. Then, tap Next on the upper right hand of the screen.
4. A Confirm Purchase tab will pop up. On this tab, you will see the amount in PHP you will be spending and the amount of cryptocurrency you will be receiving through this transaction. Once you are ok with the details, you may confirm your purchase and slide to buy.

Once you purchase your desired cryptocurrency, the amount will reflect on your app’s Crypto page.

Selling crypto is just as easy as buying it.

Follow these steps

Tap Crypto on the PayMaya homepage.
Tap Sell on the bottom of the screen, then select the desired cryptocurrency.
Select a percentage value to sell a part of your currently owned asset. You will see the equivalent PHP value based on an estimated market price. Then tap Next on the upper right hand of the screen.
A Confirm Sale tab will pop up. On this tab, you will see the amount of cryptocurrency you will be selling and the amount of PhP you will be receiving through this transaction. Once you are ok with the details, you may confirm your purchase and slide to sell.

You will automatically receive your earnings on your PayMaya wallet. Simply go to your app’s home screen and check the amount.

Once you receive the amount, you can choose to use it for your everyday transactions with PayMaya or transfer it to your bank account instantly.

Related Topics:Crypto cryptocurrency PayMaya

Apps

ShopeePay now available for Apple services

Additional payment method

Published

March 20, 2023

GadgetMatch

ShopeePay, the integrated mobile wallet of the e-commerce giant, is now available as a payment method for Apple services.

That means in the Philippines, one’s ShopeePay account may be used to pay for App Store, Apple Music, Apple TV app, and iTunes Store purchases, iCloud storage and more.

Using ShopeePay as an Apple ID payment method eliminates the need for a credit card while still having a secure and easy way for one-tap purchases from iPhones, iPads, Macs, and more.

Customers can manage their Apple ID payment information in Settings on iPhone and iPad, or on their Mac or PC.

On the Shopee app itself, ShopeePay has been a convenient payment option for users to buy products, as well as to pay bills, top-up load, and more.

Apps

How to earn up to 10% interest when you save with Maya

Spend using the app

Published

March 13, 2023

GadgetMatch

Maya is urging clients to save and earn up to 10% interest by using the digital bank app for payments.

Maya Savings already offers a base interest rate of 4% p.a. (up to PhP 5,000,000), but customers can boost this rate to up to 10% when they spend using Maya on load and data packages, bills and utilities, and shopping.

The more they spend using Maya, the more spending milestones will be unlocked, which leads to a higher overall interest rate. Here are the tiers:

5%: Spend PhP 250 using the app for simple purchases like load and data packages to boost your base interest from 4% to 5%.
6%: Spend a total of PhP 1,000 to add another 1% to your total base interest rate, so use the app to pay at convenience stores or restaurants.
8%: Keep using Maya to pay bills and utilities with just a few taps; once you accumulate a total spend of PhP 20,000, the rate jacks up to 8%.
10%: Lastly, spend another PhP 10,000 (PhP 30,000 total) on shopping, groceries, and more, to finally reach the 10% interest rate.

Maya’s offer is available for all Maya Savings customers from March 7 to April 30 only, while the 10% p.a. applies to deposits up to PhP 100,000.

It also only takes one valid ID and no minimum balance to open a Maya account, if you have not done that yet.

Get the Maya app on the App Store, Google Play, or AppGallery.

Finance

GCash represents Philippines, SEA at MWC 2023

An innovator in the fintech scene

Published

March 10, 2023

GadgetMatch

The Philippines was well-represented at the recent MWC 2023 in Barcelona, Spain, with GCash President and CEO Martha Sazon delivering a keynote speech there.

Sazon’s talk revolved around emphasizing the e-wallet’s innovative and game-changing solutions aimed at financial inclusion, as she even called GCash “a national champion that helps transform a nation”.

The leading financial app in the country now has over 76 million registered users, and is believed to be one of few fintech solutions that are sustainable in the Southeast Asian scene.

As GCash and its parent company Globe Group were not only representing the Philippines but also the entire Southeast Asia at the event, the brand prided itself in being a benchmark for innovative financial services and solutions.

Likewise, the platform’s net promoter score (NPS), a gauge measuring customer experience and predicts business growth, has been at par with globally recognized brands at 83.9%.

This year’s MWC, the second in-person gathering since the pandemic, garnered over 88,500 total attendees.