DIGITAL financial services leader PayMaya has launched its cryptocurrency (crypto) feature through its all-in-one finance app experience, enabling Filipinos to easily buy and earn digital assets such as Bitcoin and Ethereum for as low as P1.
The new offering is part of the company’s overall thrust to go beyond payments by making financial services like crypto more accessible to the general public. PayMaya is both an Electronic Money Issuer (EMI) and Virtual Asset Services Provider (VASP), licensed by the Bangko Sentral ng Pilipinas (BSP).
There is no need to register for another account, apply for an upgrade, or use another app. Unlike other e-wallets and apps, customers can learn to use crypto, cash in to their wallets, buy and sell coins and spend their crypto earnings, all in their PayMaya account.
Upgraded PayMaya users can trade in a variety of the most popular coins directly from their PayMaya wallet in Philippine pesos. They can also seamlessly buy and sell crypto anytime with no extra cash in and cash out fees. The feature is fully integrated into the app experience, providing convenience at the back of its secure platform and 99.9 percent app uptime rate.
“We are very excited to launch this feature, a big step up in making crypto accessible to every Filipino through their PayMaya app. Being at the forefront of digital payments and financial services, expanding into crypto is part of our roadmap as we build the Philippines’ most accessible end-to-end money platform,” said Shailesh Baidwan, president of PayMaya.
For more information, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter and Instagram.
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