A powerful device right in your pocket: Empowering SMEs through PayMaya One Lite

Published October 28, 2020, 10:12 AM

by Jonnah Lynne Pante

As the country recovers from the current health crisis, a lot of small and medium enterprises (SMEs) have been adopting cashless payment solutions in order to thrive and continue their business operations in the New Normal.

To support the growth and recovery of SMEs around the country, digital financial services leader PayMaya introduced  the PayMaya One Lite  — a timely digital payment innovation that allows SMEs to accept all types of digital payments through a portable, pocket-sized and smartphone-like Point-of-Sale (POS) device.

The PayMaya One Lite is the handy iteration of the PayMaya One POS device currently being used by major supermarkets, restaurants, service providers, and government agencies across the country.

Its compact body similar to a smartphone is primarily designed to process Visa, Mastercard and JCB credit, debit and prepaid card payments as well as e-wallet accounts such as PayMaya QR. Soon, the PayMaya One Lite device will also be accepting Bancnet card payments and other emerging payment options such as WeChat Pay, Alipay and QR PH.

The device runs on an Android operating system, and can easily be connected to the Internet via WiFi or mobile data. Its wireless connectivity allows merchants to use the device for cashless payment acceptance whether in their store, for deliveries, or when doing meet-ups with customers anywhere. As the PayMaya One device is Android-based, software updates are done over-the-air by PayMaya so businesses can accept future types of payments without disruption.

Another important function of the PayMaya One Lite is its paperless receipt feature. For every transaction made through the device, the PayMaya One Lite is capable of instantly sending digital receipts to customers through email or SMS. This lessens the use of paper, saving resources while ensuring that records are digitally saved for reference.

With the introduction of the PayMaya One Lite, SMEs can provide their customers an easier, safer and more convenient way to pay and at the same time, protect their frontline staff by eliminating payments via cash which can be a source of the virus.

SMEs can now enjoy cashless convenience right in their pockets through the PayMaya One Lite. SME merchants can sign up and get the PayMaya One Lite device at enterprise.PayMaya.com. Watch the video on MB TechNews Online Facebook page via this link to know more.

PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, merchants, and government. Aside from providing payments acceptance for the largest e-Commerce, food, retail and gas merchants in the Philippines, PayMaya enables national and social services agencies as well as local government units with digital payments and disbursement services.

Through its app and wallet, PayMaya provides millions of Filipinos with the fastest way to own a financial account with over 57,000 Add Money touchpoints nationwide.

Its Smart Padala by PayMaya network of over 30,000 partner touchpoints nationwide serves as last mile digital financial hubs in communities, providing the unbanked and underserved with access to services. To know more about PayMaya’s products and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.