Paymaya Crypto Screens CONTRIBUTED PHOTO
Leader in DIGITAL financial services PayMaya has launched its cryptocurrency (crypto) functionality through its all-in-one financial app experience, allowing Filipinos to easily buy and earn digital assets such as Bitcoin and Ethereum for as little as P1.
The new offering is part of the company’s overall goal to go beyond payments by making financial services like crypto more accessible to the general public. PayMaya is both an Electronic Money Issuer (EMI) and a Virtual Asset Service Provider (VASP), licensed by Bangko Sentral ng Pilipinas (BSP).
There is no need to create another account, request an upgrade, or use another application. Unlike other e-wallets and apps, customers can learn how to use crypto, cash out in their wallet, buy and sell coins, and spend their crypto earnings, all in their PayMaya account.
Upgraded PayMaya users can exchange a variety of the most popular coins directly from their PayMaya wallet into Philippine pesos. They can also buy and sell crypto seamlessly at any time, with no additional cashout and cashout fees. The functionality is fully integrated into the app experience, providing convenience behind its secure platform and a 99.9% app uptime rate.
“We are very excited to launch this feature, a big step forward in making crypto accessible to all Filipinos through their PayMaya app. Being at the forefront of digital payments and financial services, expanding crypto is part of our roadmap as we build the Philippines’ most accessible end-to-end money platform,” said Shailesh Baidwan, President of PayMaya.
For more information, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter and Instagram.