Maya has started rolling out cards that are made from recycled Polyvinyl Chloride, or rPVC as part of a push to make more sustainable materials the standard across its card portfolio, with plans to transition all newly produced prepaid cards to recycled materials by the end of the year.
The shift covers Maya-issued prepaid Mastercard and Visa cards, which still support ATM withdrawals and purchases at more than 150 million merchant locations worldwide where Mastercard and Visa are accepted. New cards will carry a “Made from 100 Recycled Plastic” mark on the back, making the sustainability change visible while keeping the same security, durability, and functionality customers expect.
“The most meaningful sustainability efforts are often the ones that become part of how a business operates. By transitioning our card portfolio to recycled plastic, we’re integrating more responsible practices into products used by our customers every day. It reflects our belief that sustainability should be embedded into how we build and grow our business.”
– Shailesh Baidwan, Group President of Maya and Co-Founder of Maya Bank
The move is part of a sustainability agenda that covers financial inclusion, responsible innovation, customer trust, employee wellbeing, and environmental stewardship. It coincides with Philippine Environment Month this June and reflects ongoing efforts to reduce its environmental footprint through practical and scalable measures.
Since 2022, Maya has monitored and reduced its Scope 1 and Scope 2 greenhouse gas emissions as part of its sustainability commitments. The card transition also complements internal efforts like #MayaSWITCH, a program that promotes energy conservation and reduces single-use plastics in the workplace.
As Maya expands its digital financial ecosystem, the company remains focused on creating long-term value for customers and stakeholders through innovation that is inclusive, secure, and responsible.
For more information on Maya and its products, click here.
Frequently Asked Questions (FAQ)
Q: What is Maya changing in its card program?
A: Maya is rolling out cards made from recycled Polyvinyl Chloride, or rPVC, across its prepaid card portfolio.
Q: When will the transition be completed?
A: Maya plans to transition all newly produced prepaid cards to recycled materials by the end of the year.
Q: Which cards are included in the rollout?
A: The transition covers Maya-issued prepaid Mastercard and Visa cards.
Q: Will the new cards work differently?
A: No, the cards will keep the same security, durability, and functionality.
Q: What other sustainability efforts was Maya mentioned as pursuing?
A: Maya cited efforts including reducing emissions since 2022 and supporting the MayaSWITCH initiative in the workplace.
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.
