[16 NOVEMBER 2018] Residents of Valenzuela are set to enjoy cashless convenience within the city as PayMaya will soon roll out the Valenzuela citizen ID card and QR payments acceptance in New Marulas Public Market, dubbed the “first DigiPalengke of the North.”
The initiatives, made possible in partnership with Primetech Solutions, Inc., New Marulas Public Market and in collaboration with the City Government of Valenzuela, were launched in time for the city’s 395th Foundation Day.
Residents will soon be empowered with the Valenzuela Ako Card ID or VCard ID powered by PayMaya that will serve as an identification and payment card in one which they can use for cashless transactions whether in-store or online.
At the same time, PayMaya is equipping at least 200 vendors in the New Marulas Public Market with QR payments acceptance, allowing Valenzuela residents to pay for their day-to-day needs purchased from the market using only the PayMaya app installed on their phones.
This is a first-of-its-kind ‘DigiPalengke’ initiative in Northern Metro Manila where an entire public market is equipped to accept mobile cashless payments.
“This is truly a groundbreaking initiative that will help foster the economic growth of Valenzuela as it charts a path toward being a true ‘digital city’. Cashless payments are secure, convenient, and transparent, which makes delivery of government services much more efficient through the PayMaya-powered VCard ID,” said Valenzuela City Mayor Rex Gatchalian.
“We congratulate the city of Valenzuela for leading the charge in the launch of their very own VCard ID and the 1st ‘DigiPalengke’ of the North–a true digital financial inclusion initiative that will bring the benefits of cashless payments like PayMaya to the people who need it the most,” added Paolo Azzola, COO and Managing Director at PayMaya Philippines.
Preparing citizens for the digital economy
During launch, those who will transact a minimum amount of P250 via PayMaya QR at the New Marulas Public Market will receive a half kilo of rice to add to their daily household meal requirements.*
And because their VCard IDs are linked to a PayMaya account, this gives them access to a wealth of digital services available within the app. This includes instant prepaid mobile loading, bills payment, receiving remittances from Western Union, sending money to other PayMaya account holders, and online shopping through the virtual card, aside from in-store shopping via their physical VCard ID and PayMaya QR at partner merchants even outside the city.
They will also be entitled to receive cashbacks and promos being offered by PayMaya to its users, a handy mobile guide for which is available via paymaya.com/promos.
Valenzuela City joins a roster of communities and companies being enabled by PayMaya’s payments innovations in its goal of building a myriad of cashless ecosystems around the Philippines in pursuit of financial inclusion amid the growing digital economy.
PayMaya is the digital payments arm of Voyager Innovations, the leading technology company in the Philippines backed by PLDT, KKR, and Tencent. To know more about PayMaya, visit www.paymaya.com or follow @PayMayaOfficial of Facebook, Twitter, and Instagram.
*Promo valid from November 16 – 30, 2018
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PayMaya Philippines, Inc. (formerly Smart eMoney, Inc.) is the pioneer in mobile money and payments and is a subsidiary of Voyager Innovations, the digital innovations company of PLDT and Smart.
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