Maya
Maya is a Philippines-based digital wallet, which has gained wide popularity among local young people. As of June 2022, Maya Wallet reached 50 million registered users, making it the second most-used e-wallet service in the Philippines, only behind GCash. As of 2022, there were an estimated 58 million active e-wallet users in the Philippines, with this number expected to grow to 81 million by 2025.
Properties
The properties of the Maya payment method are shown in the following table:
Payment type | Alipay+ payment method | ||
Acquirer | Alipay US, Alipay EU, Alipay UK, 2C2P PH | Acquiring region | UK, US, EU, PH |
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Philippines | Auto Debit | ✔️ |
Funds deduction | Real-time | Refund | ✔️ |
Processing currency | PHP | Partial refund | ✔️ |
Minimum payment amount | 1 PHP | Chargeback | ❌ |
Maximum payment amount | 100,000 PHP | Refund period | 365 days |
User experience
The following graphic shows the Maya authorization process within an app or a WAP page :
Figure 1. Authorization process (App/WAP)
The following graphic shows the Maya authorization process within a web page:
Figure 2. Authorization process (Web)