Online shopping has definitely become more popular in the Philippines, but online scams - from fake sellers to bogus buyers - are ruining the experience for many Filipinos.
To further boost
the growth of e-commerce in the Philippines and protect customers from online
scams, PayMaya introduced PayMaya
Verified Sellers, a feature that makes transactions safer
for both buyers and sellers using the PayMaya app.
With this
another first-in-the-market and unique feature, PayMaya is equipping
online sellers who utilize the e-wallet to accept payments
with a special badge – making it easier for consumers to check
if they are paying legitimate businesses on the app.
By registering
as a PayMaya Verified Seller, small business owners and people with side
hustles can get instant credibility through a verified badge that customers can
see, marking the account as "legit."
To get this special badge, PayMaya Verified
Sellers will undergo another layer of screening to ensure that they are
legitimate online businesses and are on good standing, on top of the standard
registration and upgrade process for PayMaya app users. For sellers, this
badge from PayMaya is a stamp of approval – a way to let consumers know that
they are legitimate and trustworthy businesses that have passed
the financial institution's rigorous background check.
Once verified, the badge will
appear beside the seller's account name, which the customers can easily spot
right before they transfer their payments in-app.
"For
digital transactions, trust is key. That's why we have created this unique
feature for the millions of PayMaya users who are utilizing the app as sellers
and buyers. Through PayMaya Verified Seller, we aim to make our ecosystem safer
from online scams. We encourage all online sellers to get verified with PayMaya
so you can show your customers that you are 'legit,'" said Pepe Torres, Chief Marketing
Officer at PayMaya.
Aside from giving customers an
added layer of protection, PayMaya is equipping sellers with tools to help
protect them from bogus buyers.
By utilizing PayMaya as a payment
method, sellers can track their transaction history in real-time – allowing
them to check instantly once a buyer transfers the payment. PayMaya is the only
e-wallet offering this feature, addressing seller issues like fake transaction
receipt screenshots from bogus buyers.
Being a PayMaya Verified Seller
gives access to features that can boost business too. Here are just some of the
added perks that online sellers should not miss:
- Accept
payments from anyone in any way. PayMaya enables sellers to accept payments from all
customers seamlessly – whether they are PayMaya users via QR, Send Money,
or Request Money; bank account holders via QR PH and Instapay
transfers; and even those without any financial account via Smart Padala
to PayMaya money transfers.
- Reach
millions of potential customers. As a PayMaya Verified Seller, you will be featured in
PayMaya's social media channels and in-app Maya Mall so you can reach
millions of PayMaya users to help boost your business.
- Increase
your account limit to P1,000,000. Once you are ready to expand your business, PayMaya
will also be prepared to support you with an increased account limit –
allowing you to grow their business even further.
- Get
exclusive perks to make the most out of your earnings. You can enjoy exclusive
discounts on bills, groceries, deliveries, and waived bank transfers by
simply using their PayMaya app for their everyday
transactions.
With PayMaya's 99.9% uptime rate,
online sellers and buyers can be confident that transactions will go through,
especially when they need it most. This high uptime rate and enhanced features
have translated to a more reliable and smooth customer experience, making
PayMaya the top-rated e-wallet in the Philippines for both Google Play and App
Store.
Signing up to be a PayMaya
Verified Seller is fast and easy—business owners simply need to fill out the
online form at https://www.paymaya.com/survey/verified-seller.
Sellers can be verified within five business days.
PayMaya is the only end-to-end
digital payments ecosystem enabler in the Philippines, with platforms and
services that cut across consumers, merchants, communities, and government. It
provides more than 41 million Filipinos access to financial services through its
consumer platforms. Customers can conveniently pay, add money, cash out or
remit through its over 380,000 digital touchpoints nationwide.
Its Smart Padala by PayMaya
network of over 60,000 partner agent touchpoints serves as last-mile digital
financial hubs in communities, providing the unbanked and underserved access to
digital services. Through its enterprise business, it is the largest digital
payments processor for key industries in the country, including "every
day" merchants such as the largest retail, food, gas, and eCommerce
merchants, as well as government agencies and units.
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