Maya and Grab Announce Groundbreaking Alliance for Swift, Rewarding Transactions
Maya, the best digital bank in the Philippines, and Grab, the best mobile app in Southeast Asia, have announced a new strategic relationship that will make paying for Grab rides and food orders easier and more appealing.
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| Maya and Grab Announce Groundbreaking Alliance for Swift, Rewarding Transactions |
Customers can easily link their Maya accounts to Grab with just their phone number thanks to the new partnership. This feature not only makes the user experience better, but it also gets rid of fees for sending money between banks, which saves a lot of money.
Maya's innovative project with a digital bank goes beyond simple payment handling. By using Maya's strong online banking features, Grab transactions can now boost customers' Maya Savings interest rates by up to 14% p.a., which is added every day. As an added bonus for the holiday season, customers can get up to PHP5,000 back when they pay for Grab with Maya until December 2023.
"Grab will continue to push for cashless transactions in the Philippines." We're not only changing the way money works, but we're also making it safer and more flexible. "We're excited to work with Maya to lead the way in going cashless in the Philippines, giving users a smooth experience fit for a digital-first world after the pandemic," said Martha Borja, Country Head of Grab Financial Group Philippines.
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Shailesh Baidwan, Maya Group President and Co-Founder of Maya Bank, agreed and said, "Our partnership with Grab shows how committed we are to providing exceptional value through our services." This partnership shows how we see a future financial system that is made possible by full digital banking.
Maya and Grab are giving Filipinos more power and driving innovation in the digital banking field by pushing for a digital-first economy. This collaboration is the first of its kind in the Philippines when it comes to customer-centered banking solutions.
Maya cardholders can already enjoy the ease of linking their cards to the Grab app. Transfers between Maya and Grab wallets are guaranteed to be very safe.
Grab's ecosystem of safe, dependable, and low-cost services is still changing the delivery, banking, and transportation industries all over Southeast Asia.
As the Philippines' only end-to-end digital payments provider, Maya Philippines, and as the country's only digital bank, Maya Bank, Maya continues to be the Philippines' most important fintech environment.
