E-wallet Maya, formerly known as PayMaya, has grown its registered users by almost three million in the second quarter as it continues to catch up with industry leader GCash.
Operated by PLDT-led Voyager Innovations, Maya ended June with a total of 50 million registered users across its consumer platforms, up from the over 47 million users reported as of the end of the first quarter.
PayMaya rebranded to Maya last April with a new all-in-one money app for consumers that seamlessly integrates wallet features and crypto with savings and credit powered by Maya Bank.
More than 650,000 customers had opened a Maya Save account three months after it launched, making Maya Bank the fastest-growing digital bank in the country.
PayMaya also recently relaunched Maya Business as the all-in-one growth partner for enterprises.
On top of being the largest fully integrated payment service processor in the country, Maya Business offers digital banking services powered by Maya Bank.
These services include enterprise deposit, payroll management solutions, credit products for customers and employees of large corporations, and working capital loans for MSMEs.