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 | AlipayUS, AlipayEU, AlipayUK, AlipaySG, 2C2P PH | Merchant entity location | UK, US, EU, PH, SG, AU, HK |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | Philippines | Partial refund | ✔️ |
Processing currency | PHP | Chargeback/Dispute | ❌ |
Minimum payment amount | 1 PHP | Refund period | 365 days |
Maximum payment amount | 100,000 PHP | Time to return the payment result | Real-time |
User experience
The following graphics show the Maya authorization process in different terminals:
