Peppermint Innovation is excited to announce a bill payment agreement with one of the Philippines leading financial service providers, PayMaya Philippines, Inc. – making it easier for bizmoto agents to ‘top-up’ or ‘cash-in’ to their mobile wallets.
Under the agreement, bizmoto agents with a PayMaya account will be able to transfer funds directly from their PayMaya account to their bizmoto wallet. Alternatively, a bizmoto agent without a PayMaya account will be able to go into any of PayMaya’s 55,000 ‘Smart Madala’ agents and pay them to digitally transfer cash to their bizmoto wallets.
Currently, PayMaya has 26 million registered users throughout the Philippines and a network of 55,000 ‘Smart Madala’ agents across the country that serve as last mile financial hubs in communities across the country.
“This is a good agreement for our bizmoto agents as it offers both digital and over-the-counter options for them to ‘top-up’ or ‘cash-in’ to their bizmoto mobile wallet,” says MD and CEO Chris Kain.
“Our aim is to have all the necessary technical and system integration complete to enable a first phase ‘go-live’ date in Q2 this year.”