Maya is a Digital Bank that Can Do More than Savings

Maya is a Digital Bank that Can Do More than Savings

You know by this time that PayMaya is now Maya, and the finance app has made its official shift today. Beyond being one of the more-known e-wallets in the Philippines, Maya has more functions as an app: it has a high-yield savings account, a virtual credit line, a platform for crypto trading, and still retains its e-wallet feature.

The headline new feature of Maya Bank is Savings, where they offer a 6% introductory interest rate–which is the highest being offered by any local bank. Maya is offering this high-yield interest rate until August 31, and assures users that Savings is a safe place for your hard-earned cash, as they are licensed by BSP.

Next up on its line of new features is a virtual credit line, where users can borrow up to Php 15,000 to pay for bills, groceries, and more–all within the app. Eligible users can make use of Maya Credit in as fast as 60 seconds. Aside from savings and credit, Maya is also a platform for trading crypto, where you can buy popular coins like Bitcoin, Ethereum, Solana, Tether, and more for as low as Php 1.

“Maya is all about challenging conventions–and this translates into the experience we’re giving our users with this new all-in-one money app. With this transformation, we want to enable Filipinos to make bolder choices with their money and seize opportunities–big and small,” PayMaya president and Maya Bank co-founder Shailesh Baidwan said.

You can download Maya at Google Play and Apple App Store.

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