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You can now instantly transfer funds to more than 40 banks with your PayMaya account

Don’t pay cash, just send to bank with PayMaya!

Getting turned off by the hassles and extra transaction fees of moving money to another bank account? Did you wish you didn’t have to line up at a bank branch just to make a deposit? Now there’s no need to worry–you can now skip the line and send money the most convenient way with PayMaya’s Send Money to Bank feature powered by InstaPay!


That’s right, with your upgraded PayMaya account you can send money* to more than 40 local banks and financial institutions that can receive money via InstaPay. The best part is it’s absolutely instant and secure–helping account holders save time and effort whenever they need to send money to another person’s bank account.

“This new feature will definitely make it easier for PayMaya account holders to manage their money conveniently. Whether they’re sending money to an online seller or transferring money from one of their bank accounts to another, everything is instant and seamless with PayMaya’s new Send Money to Bank feature,” said Shailesh Baidwan, President of PayMaya.

It’s really easy to Send Money to Bank via PayMaya. In the app, go to Send Money and select To Bank Account. In the next screen, choose the bank or financial institution you’ll be sending money to, put in the amount you want to send, and fill in all the important details of your recipient. It’s so simple, and your recipient will get the money in an instant, and as of now PayMaya is not charging any transaction fees for the service until further notice.

This new feature is also in accordance with the efforts of the Bangko Sentral ng Pilipinas to increase the percentage of digital transactions in the country to 20% by the year 2020, under the National Retail Payment System (NRPS).

So if you’re looking for a better way to manage your money between accounts or you just want to avoid the hassles of falling in line at the bank, now is the best time to have a PayMaya account so you can take advantage of this exciting feature. 

Get your own PayMaya account by downloading the PayMaya app now for iOS or Android, and signing up today to feel the joy of sending money to anyone, anytime in the fastest, most secure, rewarding, and hassle-free way!

To know how you can get even more from your PayMaya account, check out www.PayMaya.com/deals or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.  

PayMaya, the digital financial services arm of Voyager Innovations, is the only financial technology company in the Philippines offering integrated consumer and merchant payment solutions with the widest on-ground branch network. It is the first to give millions of Filipinos an e-wallet that allows them to pay cashless transactions at any time of the day, anywhere in the world, and from any device. It is the financial technology arm of Voyager Innovations, the leading technology company in the country backed by PLDT, KKR, Tencent, World Bank’s IFC and the IFC Emerging Asia Fund. 

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