Paying for Grab rides and food orders just got simpler and more rewarding, thanks to a new partnership between Maya, the top digital bank in the Philippines, and Grab, the leading super app in Southeast Asia.
Maya Users Can Easily Connect Their Accounts to Grab
Now, users can easily connect their Maya accounts to Grab using just their mobile number, making transactions on Grab’s services even easier. This direct connection not only makes things convenient but also removes the hassle of transfer fees between banks, saving users money.
Maya goes beyond just making payments easy. With Maya’s digital banking, every transaction on Grab can increase the interest rate on the user’s Maya Savings account, going up to 14% per year, credited daily. As part of a special promotion for the holidays, users can also get cashback of up to PHP5,000 until December 2023 for payments made through Maya on Grab.
“Grab is fully committed to championing the widespread adoption of cashless transactions in the Philippines. As we stride forward towards a cash-light society, we’re not just transforming the financial landscape, but also making it more accessible, scalable, and secured. It brings us immense joy to collaborate with Maya in driving the cashless revolution in the Philippines. With Maya joining our suite of cashless payment options, we are enabling more users to enjoy an end-to-end consumer experience tailored to the digital-first post-pandemic environment.”
– Grab Financial Group Philippines Country Head Martha Borja
Shailesh Baidwan, the President of Maya Group and Co-Founder of Maya Bank, adds:
“Our alliance with Grab allows us to extend our comprehensive financial services to more Filipinos. We are committed to providing exceptional value through our offerings, and this collaboration is a testament to our vision for a progressive financial ecosystem through all-in-one digital banking.”
Maya and Grab both want to empower Filipinos in a digital-first economy. This partnership is a big step in digital banking, setting a standard for innovative and customer-focused financial solutions in the Philippines.
Maya users have already enjoyed the convenience of connecting their Maya cards to the Grab app. And, transfers between Maya and Grab wallets are guaranteed to be secure.
Grab’s services, known for being safe, reliable, and cost-effective, have transformed how people get around, get deliveries, and manage their finances across Southeast Asia. Grab keeps working on new tech and services to help Southeast Asia move forward.
Maya is the top fintech ecosystem in the Philippines, with the leading merchant acquiring and payments processing business, the highest-rated consumer finance app, and the top digital bank. Maya is powered by the only end-to-end digital payments company in the country, Maya Philippines, and Maya Bank for digital banking services.
Emman has been writing technical and feature articles since 2010. Prior to this, he became one of the instructors at Asia Pacific College in 2008, and eventually landed a job as Business Analyst and Technical Writer at Integrated Open Source Solutions for almost 3 years.