Financial technology (fintech) player PayMaya claimed on Thursday that it is providing micro, small, and medium enterprises (MSMEs) the “fastest onboarding, and broadest range of payment solutions” to help businesses shift to digital commerce.
Shailesh Baidwan, president of PayMaya, said the group’s new online onboarding platform can help enterprises hasten their digital migration, giving them access to digital QR codes, payment links, and a checkout payment gateway.
These three allow merchants to provide their customers with different varied digital and physical payment platforms.
“Many MSMEs have shifted their businesses online in the past months and as they adapt to this new setup, we at PayMaya are ready to help them easily transition to digital payments through our latest solutions. MSMEs are the backbone of the economy and will play a major role in the economic recovery of the entire country,” Baidwan said.
To avail of these solutions, MSMEs need to sign up and upload their requirements to the new PayMaya Business Manager website. They may choose which solutions to deploy. The can expect feedback from PayMaya “in a couple of days.”
Baidwan added that these digital payment tools available to MSMEs complement earlier solutions that PayMaya launches such as the PayMaya Negosyo app, which allows small merchants and casual sellers to instantly accept payments via QR, Bank Transfer, or Send Money by installing the Android app on their phones.