As businesses reopens under the new normal, SME’s are going online with e-commerce to cope with the new buyer-seller transactions. To help small businesses move forward in the world of virtual stores, Paymaya has launched a new Paymaya Negosyo app that allows business owners to accept contactless payments and are remitted to their account in 1-2 days.
With the new app, store and shops with Paymaya enabled can accept payments through the Paymaya QR, receive money through the PayMaya Send Money function, and transfer money to banks via InstaPay.
Small business owners who are interested with the payment scheme only needs to download the app from the Google Play store and signup using their mobile number. To get registered, it requires one valid ID issued by the government and a selfie video for verification.
Application usually takes about 24 to 48 hours for approval and once approved, businesses can now accept payments through Paymaya that is much safer as it doesn’t involve physical money as payment and customers only needs an ID and their phone to complete their transactions.
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