Maya, CFO team up to digitize services for overseas Pinoys (original) (raw)
Maya partners with the Commission on Overseas Filipinos (CFO) to allow digital payments for the government agency’s services.
Businessworld / Aaron Sy
MANILA, Philippines — Maya has partnered with the Commission on Filipinos Overseas (CFO) to expand digital access to government services for more than six million non-resident Filipinos and their families.
Under the partnership, Filipinos overseas and their families will soon be able to pay for CFO services through Maya using digital payment options such as cards, QR payments and digital wallets.
The initiative is expected to make transactions with the CFO safer, faster and more convenient as the agency broadens the use of digital and cashless services across its operations.
The CFO is the government agency tasked to promote and protect the interests, rights and welfare of non-resident Filipinos, including permanent migrants, dual citizens, Filipino spouses and partners of foreign nationals and their descendants.
“More than six million non-resident Filipinos around the world belong to the commission’s constituency. Through our programs and services, we seek to help them maintain strong ties with the Philippines and encourage their continued participation in national development,” CFO Secretary Dante Ang II said.
Ang said the partnership with Maya would help the agency improve the delivery of its services while opening more channels to engage Filipinos living overseas.
“Beyond payments, we see potential to explore other ways of helping Filipinos overseas strengthen their economic ties with the country,” he said.
The tie-up forms part of CFO’s broader modernization agenda, which seeks to expand digital service delivery and reduce friction in transactions involving Filipinos abroad and their families in the Philippines.
For Maya, the partnership adds to its growing work with government agencies and public sector institutions as it provides digital payment infrastructure to support the government’s digitalization and ease of doing business initiatives.
“By supporting the CFO’s digitalization efforts, we are helping make transactions simpler and more convenient for Filipinos overseas and their families. This supports the government’s ease of doing business agenda while connecting people to digital financial tools that can improve financial health,” Maya Group president and Maya Bank co-founder Shailesh Baidwan said.
Maya said the collaboration also complements its initiatives for Filipinos overseas and their families.
Earlier this year, Maya rolled out rebates on teller machine withdrawals and InstaPay transfers as well as cashback on mobile load top-ups for loved ones in the Philippines.