Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

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

Wallet

Funding source

Wallet balance

Acquirer

AlipaySG, AlipayUS, 2C2P PH

Acquiring region

SG, AU, HK,

US, 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/Dispute

Maximum payment amount

100,000 PHP

Refund period

365 days

User experience

The following screenshots show the journey of paying with Maya:

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Figure 1. Payment process with Maya