Financial technology (fintech) provider Xendit has collaborated with China Banking Corp. to launch a new feature that allows customers to safely and seamlessly fund their Maya account directly from their account in the bank owned by the Sy family.
With the China Bank Direct Debit, the bank’s clients nationwide can now swiftly connect their account to the mobile wallet to instantly cash-in any amount.
Once their accounts are linked together, they need not have to exit the Maya app or key in their bank account details for future cash in transactions.
After cashing in, users can easily pay their bills, buy load, or shop from multiple merchants with their e-wallet.
According to Xendit Philippines Managing Director Yang Yang Zhang, they know the importance of digital transactions that’s why they keep on building partnerships to provide Filipinos more simple and secure cashless payment options.
“With the launch of this new channel in partnership with China Bank, we provide an improved customer experience when topping up the Maya wallet,” she said.
Maya Philippines Chief Operating Officer Khurram Malik said the company prioritizes making hassle-free cashless payments more accessible.
“This starts with providing a simple and seamless cash in experience to our users. That’s why we’re pleased to work with China Bank and Xendit as we offer more ways for Filipinos to master their money with Maya,” he noted.
Teaming up with the fintech company, gone are the days when people had to personally go over the counter for every financial transaction, per China Bank Senior Vice President and Chief Digital Officer Manuel Tagaza.
“To meet the changing needs of our customers, we have to provide innovative financial services relevant in the digital world. Partnering with Xendit allowed us to offer convenience to our clients who use the Maya app for some of their financial needs,” he said. Roderick L. Abad