OC-Craft: Schools in the Philippines go cashless in the ‘new normal’ with the help of PayMaya

Alternative learning methods are the new normal for our students this year. As we are adopting the changes, PayMaya partnered with over 40 schools nationwide with cashless payment solutions online and in-school that will provide students a safer and more convenient way to pay for enrollment fees and other educational expenses.

One of the major learning institutions such as the University of the Philippines (UP), Ateneo De Davao University (ADDU), La Salle Green Hills, Don Basco Technical Institute of Makati Inc. (DBTI-MAKATI), Nord Anglia Intentional School Manila (NAIS Manila), Malaya Colleges Mindanao (MCM), University of Immaculate Conception (UIC), among others are beginning to adopt PayMaya’s end-to-end digital payment solutions for their tuition fees and other school payments using debit and credit cards; and e-Wallets through PayMaya’s Online payment gateway for their online channels and the by PayMaya Point of Sale (POS) device for school cashier.

PayMaya POS device will allow students to a safer and more seamless payment by using the scan-to-pay via PayMaya QR feature or by tapping or dipping using their credit, debit, and prepaid cards.

“As we prepare to open another school year, ensuring that health and safety measures are implemented across learning institutions is important to protect both parents and students. By implementing PayMaya’s suite of cashless payment solutions on their online and physical channels, our school partners are adapting to provide continuous quality education to students in a safe convenient way even amid the current crisis,” PayMaya President Shailesh Baidwan said.

These efforts are in response to the Department of Education’s directive to implement blended learning that utilizes both online and in-person modalities for education, where students are encouraged to utilize online classes, printed modules, and educational TV and radio broadcast as main learning channels this school year.

PayMaya’s cashless payment solutions play a critical role in the school’s shift to blended learning at the same time helping keep school personnel safe by eliminating risks of cash handling in light of the current public health situation.

Aside from these digital payment innovations, PayMaya has previously rolled out cashless payment ecosystems starting with the PayMaya-powered student ID card in schools including the University of the Philippines, La Salle Green Hills, LPU-Batangas, and STI, among many others. Students can easily link the PayMaya-powered student ID card to their PayMaya account and maximize payment transactions even outside the campus at Bancnet-powered payment terminals and ATMs nationwide.

PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines, with platforms and services that cut across consumers, merchants, and government. Aside from providing payment acceptance for the largest e-Commerce, food, retail and gas merchants in the Philippines, PayMaya enables national and social services agencies, as well as local government units, with digital payments and disbursement services.

Through its app and wallet, PayMaya provides millions of Filipino with the fastest way to own a financial account with over 40,000 Add Money touch points nationwide, more than double the total number of traditional bank branches in the Philippines combined. Its Smart Padala by PayMaya network of over 30,000 partner touch points’ nationwide serves as last mile digital financial hubs in the communities, providing the unbanked and underserved with access to services.

To know more about PayMaya’s product and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.

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