PayMaya now accepted at NLex; Cavitex to follow

By: Miguel R. Camus Philippine Daily Inquirer 03:05 AM February 21, 2017 http://business.inquirer.net/224936/paymaya-now-accepted-nlex-cavitex-follow PayMaya Philippines, the mobile digital payment app of PLDT Inc., can now be used at North Luzon Expressway (NLEx) and soon, Cavite Expressway (Cavitex). The app, which allows customers to transact using their mobile phones and mainly targets the country’s massive “unbanked and uncarded” populace, can pay their toll fees at NLEx and Cavitex by tapping their Beep and Mastercard contactless debit, prepaid and credit cards, including their Smart Mastercard powered by PayMaya. “Acceptance for Cavitex will commence soon,” the company said in a statement. PayMaya Business, which delivers solutions that enable businesses of all sizes to accept payments, will power the acceptance of contactless card payments at NLEx and Cavitex. This is the first-of-its-kind payment acceptance initiative for tollways in the country. This move will further strengthen the electronic toll collections of Metro Pacific Tollways Corp.’s (MPTC) expressways, enabling faster and more convenient cashless transactions for consumers. MPTC is controlled by Metro Pacific Investments Corp., an affiliate of PLDT. “The collaboration between MPTC and PayMaya moves us toward the ultimate goal—to serve Filipinos by delivering to them high quality infrastructure—both physical and digital,” PLDT chair and CEO Manuel V. Pangilinan said in the statement. PayMaya, which was formerly Smart eMoney Inc., is the first prepaid online payment app that enables customers to pay for products and services online without a credit card.