PayMaya Introduces ‘PayMaya Verified Sellers’ to Protect Customers from Online Scams

Online shopping has definitely become more popular in the Philippines, but online scams –
from fake sellers to bogus buyers – are ruining the experience for many Filipinos.
To further boost the growth of e-commerce in the Philippines and protect customers from
online scams, PayMaya introduced PayMaya Verified Sellers, a feature that makes
transactions safer for both buyers and sellers using the PayMaya app.
With this another first-in-the-market and unique feature, PayMaya is equipping online sellers
who utilize the e-wallet to accept payments with a special badge – making it easier for
consumers to check if they are paying legitimate businesses on the app.
By registering as a PayMaya Verified Seller, small business owners and people with side
hustles can get instant credibility through a verified badge that customers can see, marking
the account as “legit.”
To get this special badge, PayMaya Verified Sellers will undergo another layer of screening
to ensure that they are legitimate online businesses and are on good standing, on top of the
standard registration and upgrade process for PayMaya app users. For sellers, this badge
from PayMaya is a stamp of approval – a way to let consumers know that they are
legitimate and trustworthy businesses that have passed the financial institution’s rigorous
background check.
Once verified, the badge will appear beside the seller’s account name, which the customers
can easily spot right before they transfer their payments in-app.
For digital transactions, trust is key. That’s why we have created this unique feature for the
millions of PayMaya users who are utilizing the app as sellers and buyers. Through
PayMaya Verified Seller, we aim to make our ecosystem safer from online scams. We
encourage all online sellers to get verified with PayMaya so you can show your customers
that you are ‘legit,’
” said Pepe Torres, Chief Marketing Officer at PayMaya.
Aside from giving customers an added layer of protection, PayMaya is equipping sellers
with tools to help protect them from bogus buyers.
By utilizing PayMaya as a payment method, sellers can track their transaction history in
real-time – allowing them to check instantly once a buyer transfers the payment. PayMaya
is the only e-wallet offering this feature, addressing seller issues like fake transaction receipt
screenshots from bogus buyers.
Being a PayMaya Verified Seller gives access to features that can boost business too. 
are just some of the added perks that online sellers should not miss:
  • Accept payments from anyone in any way. PayMaya enables sellers to accept
    payments from all customers seamlessly – whether they are PayMaya users via QR,
    Send Money, or Request Money; bank account holders via QR PH and Instapay
    transfers; and even those without any financial account via Smart Padala to
    PayMaya money transfers.
  • Reach millions of potential customers. As a PayMaya Verified Seller, you will be
    featured in PayMaya’s social media channels and in-app Maya Mall so you can
    reach millions of PayMaya users to help boost your business. 
  • Increase your account limit to P1,000,000. Once you are ready to expand your
    business, PayMaya will also be prepared to support you with an increased account
    limit – allowing you to grow their business even further. 
  • Get exclusive perks to make the most out of your earnings. You can enjoy
    exclusive discounts on bills, groceries, deliveries, and waived bank transfers by
    simply using their PayMaya app for their everyday transactions. 
With PayMaya’s 99.9% uptime rate, online sellers and buyers can be confident that
transactions will go through, especially when they need it most. This high uptime rate and
enhanced features have translated to a more reliable and smooth customer experience,
making PayMaya the top-rated e-wallet in the Philippines for both Google Play and App
PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines, with
platforms and services that cut across consumers, merchants, communities, and
government. It provides more than 41 million Filipinos access to financial services through
its consumer platforms. Customers can conveniently pay, add money, cash out or remit
through its over 380,000 digital touchpoints nationwide.
Its Smart Padala by PayMaya network of over 60,000 partner agent touchpoints serves as
last-mile digital financial hubs in communities, providing the unbanked and underserved
access to digital services. Through its enterprise business, it is the largest digital payments
processor for key industries in the country, including “every day” merchants such as the
largest retail, food, gas, and eCommerce merchants, as well as government agencies and
To know more about PayMaya’s products and services, visit or follow
@PayMayaOfficial on Facebook, Twitter, and Instagram. For more information on Smart
Padala, visit

PayMaya Introduces ‘PayMaya Verified Sellers’ to Protect Customers from Online Scams
Source: Buy British

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