Effective October 5, 2022, Maya has updated their Terms & Conditions. Visit here to view the updated T&Cs.

Cash In Using iBayad

Running low on Maya funds? Cash in using iBayad, a fintech company that offers an app-based mobile point-of-sale (mPOS) and other digital platforms to businesses. The partnership between Maya and iBayad allows the app's users to top up their digital wallets by heading to an iBayad-enabled business near their area.

Simple steps to cash in using iBayad

  1. Log in to your Maya app
  2. Select "Cash In" icon on the home screen
  3. Select the iBayad logo
  4. Enter the desired amount then select "Continue"
  5. Find an outlet with a iBayad logo and inform the cashier that you want to cash in to your Maya
  6. Present the generated Cash in code along with your payment to the cashier
  7. Wait for an SMS confirmation before leaving the store

*Minimum cash in amount is Php100.

*Maximum cash in amount is Php 50,000

*A 2% Convenience Fee will be deducted from the cash in amount.

*All Cash in transactions below Php 8,000 for the month will still incur a 2% fee but will have a 2% rebate.

About iBayad

iBayad Online Ventures, Inc., the company behind iBayad, is a fintech startup that aims to make it easy for SMEs to access digital technology and other innovative solutions that can help them grow their business. Primarily operating in the Philippines with the vision to expand to other Asian countries soon, iBayad hopes to reach society's unbanked and underbanked sectors and help them take control of their finances using digital tools.

Products and Services 

iBayad currently has 3 major products and services. The first, solb!, is a mobile POS/card reader that's approved by Bancnet and can be used by any merchant. This product can work with debit and credit cards, loyalty cards, ATM cards, and other modes of payment. Next is miLine, an ecosystem of products that's primarily catered to migrant workers. Its aim is to provide its users with an easy way to communicate with their family members and make sure that all their needs are met. Finally, there's the ElecTraNet Mgr MkII or Electronic Transaction Network Manager. A mobile solution that can be accessed using any digital platform, this tool works as a multi-pocket e-wallet, payment processing solution, banking services provider, loyalty and rewards program, and electronic voucher rolled in one.

iBayad is present in different areas around the Philippines. If you see a kiosk, business, or payment center that has the iBayad logo, you can go there to Cash In your Maya funds. Discover an easier way of using your digital funds today by maximizing your Maya account and cashing in with the assistance of an iBayad facility near you.

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