How to Receive Western Union Remittances Directly to your PayMaya Account

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PayMaya Philippines Inc. the mobile money and digital payments pioneer and Western Union the global cross-border, cross-currency money movement firm have now expanded their partnership to allow more Filipinos to conveniently and directly receive Western Union domestic and international remittances into their PayMaya accounts. Filipinos can now conveniently and directly receive Western Union domestic and international remittances into their PayMaya accounts anytime, anywhere, thanks to an expanded alliance between Western Union and PayMaya Philippines.

receive western union via paymaya

With this initiative, recipients of a Western Union money transfer in the Philippines can choose PayMaya to quickly access the money sent to them. PayMaya accounts can now directly receive Western Union domestic and international remittances. The initiative allows Western Union money transfers to PayMaya accounts on mobile phones for quick, easy, and more convenient transaction.

Our aim is to offer seamless money transfers for all,” said Bassem Awada, Western Union’s Regional Vice President for Malaysia, Indonesia, Singapore, Philippines, and Brunei. “This means reaching out to customers across all channels including mobile. Filipinos can now choose digital pay-out on their PayMaya mobile wallet in addition to visiting a Western Union Agent location to pick up cash.”

“ The collaboration with Western Union drives even greater financial inclusion for our families across the country,” said Orlando B. Vea, President and CEO of PayMaya Philippines. “All they need to receive their Western Union money transfer via PayMaya is their mobile phones: it’s convenient, quick and easy and allows them to save time and money for other more important things.”

CUSTOMER GUIDANCE 
Upon downloading the PayMaya app, customers are required to formally register and upgrade their accounts to receive remittances. They may also add money to their accounts at any of the over 15,000 Add Money stations nationwide, including SM Business Centers, Robinsons Business Centers inside Robinsons Department Stores, 7-Eleven with Cliqq Kiosks, Petron stations along NLEX, UnionBank ATMs, Shopwise, Wellcome, 2Go outlets, Smart Padala centers, Palawan Pawnshop, Cebuana Lhuillier, and online banking via RCBC and UnionBank.

To direct Western Union money transfers to PayMaya wallets, users have to input their unique Western Union tracking number (MTCN) given to the receiver. Money can then be received within a few minutes. PayMaya account holders can receive up to USD500 (or PHP25,000) per transaction, or up to USD1,500 (or PHP75,000) per day, or up to a maximum PayMaya wallet capacity of USD2,000 (or PHP100,000) per month. A real-time SMS notification is sent once the funds are credited to their accounts.

After the remittance has been credited to the recipient’s account, they may now use their PayMaya app to pay bills, buy discounted prepaid mobile load from all local networks, shop online using the virtual card or pay for items in-store using PayMaya QR. Should they decide to do so, they may also withdraw the funds by linking a physical PayMaya card in the app and using it in Bancnet ATMs nationwide. (PR)

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