Maya, the leading Digital Bank in the Philippines and the first digital financial services platform to embrace QR Ph, is driving the transformation of Bacoor City’s public market with the recent launch of the Paleng-QR initiative.
In collaboration with the Bacoor City Government, supported by the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG), the “digi-palengke” program is poised to redefine local commerce.
An essential component of this initiative, Paleng-QR Ph, seeks to modernize transactions beginning from public markets and extending to local transportation services. This program empowers vendors to effortlessly accept digital payments from customers, regardless of their e-wallet provider or banking institution, through QR Ph, the nationally recognized QR payment standard.
Through strategic partnerships and innovative endeavors like Paleng-QR, Maya is committed to reshaping the financial landscape, ensuring that financial services are more inclusive and convenient for every Filipino.
Paleng-QR Ph launched in Bacoor (L-R): BSP Deputy Governor Bernadette Romulo-Puyat; Mr. Richard Mercader, Senior Territory Solutions Associate, Maya; Bacoor City Vice Mayor Rowena Bautista Mendiola; Regional Director Tomas J. Cariño Jr., BSP South Luzon Regional Office.