The daily demands of managing your money can feel like a constant source of stress. Between budgeting, paying bills, saving for the future, and making sure you don’t miss any payments, it's easy to feel overwhelmed by the sheer number of tasks and decisions you need to make. Thankfully, modern technology offers a silver lining. With the rise of online banking tools, financial management has become more manageable.
Maya, the #1 digital bank in the Philippines, offers a range of financial products that can streamline and simplify every aspect of your financial life. When utilized strategically, these products can help you stay on top of your financial goals and aid you in making informed decisions about your money with ease. For instance, combining the benefits offered by Maya Wallet and Maya Card will give you unparalleled flexibility. Here’s how these two financial products work together and how they offer a stress-free and efficient approach to managing your money.
Seamless Integration Between Digital and Physical Transactions
In today’s fast-paced world, the ability to switch between paying with your phone and using a physical card is a game-changer. Having more than one way to pay enables you to make transactions in any environment, whether it’s digital or physical, without worrying about the compatibility or availability of payment options. For instance, if you’re making an in-store payment, whether you’re in the Philippines or abroad, and you’re short on physical cash, you can use your Maya Card instead.
The balance of this debit card is tied directly to your Maya Wallet, which means that any funds available in your digital wallet are instantly accessible through your physical card. Additionally, Maya Card comes in two types: Maya Mastercard and Maya Visa. This means you have the flexibility to choose a card that best suits your needs, whether you're shopping locally or internationally. Both card types are widely accepted across millions of merchants worldwide, giving you seamless access to your funds wherever you go.
Locally, if you forget to bring your Maya Card, don’t fret. As long as the Philippine-based retailer accepts QR Ph payments (and you have enough money in your Maya Wallet), you can pay using Maya’s Pay with QR feature, by doing the following:
- Tap Pay with QR at the bottom part of the home screen of your Maya app
- Scan the merchant’s QR code
- The merchant’s name will be reflected on your screen, where you can input the amount
- Press Send Payment or Pay
- You will receive a confirmation message in the app and via SMS if your transaction is successful
- Present the confirmation message to the merchant
You can also use your Maya Card for online purchases. When you’re ready to pay, you must do the following to complete the transaction:
- Visit your favorite website or app
- Before you proceed with your transaction, log in to your Maya app and ensure you have enough balance, or cash in if needed
- Under the Essentials section, click Cards
- Click on the card (either physical or virtual) that you wish to use for your transaction
- Indicate your chosen card details on the checkout page of the website or app you are paying
- Proceed with your transaction
- Check your transaction history in the Maya app to review the details of your payment
If you want to make this process more streamlined next time you shop, you can save your card details on the respective e-commerce website or app, if the platform offers this feature. This way, you won’t have to manually enter your payment information each time.
Better Financial Control and Transparency
Since Maya Wallet and Maya Card are within the same ecosystem, you’ll be able to track all of your spending in one place. With the Maya Wallet, for example, you’ll have instant access to detailed transaction histories, real-time balances, and instant notifications, offering complete transparency into your financial activities. This means you can track where your money goes and how much you’ve spent, allowing you to adjust your budget accordingly without the stress of hidden fees or delayed updates. When paired with the Maya Card, this level of control becomes even more powerful. The integration ensures that every purchase you make, whether online or in person, is reflected instantly in the Maya Wallet, giving you a real-time overview of your spending. This transparency can help you make more informed decisions, spot unnecessary expenses, and manage your funds more efficiently.
Opportunities to Earn and Save While You Spend
Maya offers many opportunities to earn and save as you spend. Maya Savings, for example, is a high-interest savings account that boasts a base interest rate of 3.5% p.a., which is much higher than what most traditional banks offer. That said, you can also boost the interest rate on your first PHP 100,000 deposit by up to 15% if you use Maya for your everyday transactions. These often include paying with your Maya Card or Maya Wallet via the app, providing you a way to earn back some of the money you spend—making your transactions work harder for you.
Enhanced Security and Peace of Mind
Security is a top priority at Maya, so much so that we equip all of its products with robust security features to protect your personal information as well as your funds. Maya Card, for instance, is 3D secure. This means that every online transaction you make with this card requires an additional layer of authentication, usually through a one-time password (OTP), ensuring that only you can approve the payment. Having this layer of security significantly enhances your protection, reducing the risk of unauthorized transactions and providing peace of mind during online purchases. Similarly, the Maya Wallet, through the Maya app, is protected by multiple security measures, including app lock and password, biometric authentication, and real-time fraud monitoring. This ensures that only you can access your account and authorize transactions, adding an extra layer of protection against unauthorized access. With these combined security features, Maya provides a comprehensive safety net, making it easy for you to securely handle digital and physical transactions without worry.
Convenience Across All Aspects of Financial Life
Whether you’re handling everyday transactions, saving for the future, or managing your budget, both products are seamlessly integrated to work together, providing a one-stop solution for all your financial needs. The Maya Wallet makes it easy to pay bills, transfer money, and shop online, all while keeping track of your finances with real-time updates and detailed transaction histories. Meanwhile, the Maya Card gives you the flexibility to make purchases at physical stores or online, giving you the option to pay in the way that suits your situation. With both products, your finances are always within reach, and you can easily manage your spending and savings all within one integrated ecosystem.
The combination of the Maya Wallet and Maya Card offers a comprehensive and powerful solution for managing your finances. With seamless integration, enhanced security, and unparalleled convenience, these two products work together to simplify the way you handle money. Using them strategically enables you to stay on top of your financial goals, all while ensuring your money is safe and accessible whenever you need it.
