Visa, a leader in digital payments, and Maya, the Philippines’ leading digital bank and fintech ecosystem, are teaming up to enable cross-border account funding transactions (AFT) within the Maya app.
The partnership allows Maya users to seamlessly pull funds from foreign-issued Visa cards and load them directly into their Maya accounts, enhancing payment flexibility.
The new feature offers a streamlined solution for expatriates, overseas Filipino workers (OFWs) and global travelers who need to manage their finances across borders.
Once funds are transferred from their foreign-issued Visa cards, Maya users can then spend, save and invest their money in the Philippines through the Maya app.
“Our longstanding partnership with Maya continues to grow from strength to strength, and with this latest collaboration, we help make digital payments even more flexible,” said Jeffrey Navarro, Visa country manager for the Philippines.
“By enabling funding transactions from foreign-issued Visa cards, we provide Maya users with the power and convenience to manage their finances effortlessly, while ensuring seamless and secure transactions. This connects them to countless possibilities through their Maya accounts,” said Navarro
Maya said it continues to drive digital payments growth in the country through its robust fintech ecosystem.
Visa previously recognized Maya for processing the highest e-commerce and contactless payments volumes in the Philippines from 2021 to 2024, and for being the top acquirer for merchant transaction volume.
The collaboration further underscores their commitment to advancing payments innovation and improving user experience.
“With this new feature, we’re making it easier for Filipinos and OFWs to move money from their Visa cards abroad straight into their Maya wallets,” said Khurram Malik, group chief commercial officer of Maya.
“Maya has redefined how we spend, save and invest—and we’re pleased to bring the same ease and flexibility to cross-border payments,” said Malik.
