Last updated on June 28th, 2024 at 04:39 pm
If you support loved ones by sending money to a PayMaya account in the Philippines, you’re like many of your fellow overseas workers.
According to a 2019 survey by the Philippine Statistics Authority, at least 2.2 million Filipinos live away from the islands. In fact, remittances like yours contributed 11% of the country’s national income in 2018. However, steep wire transfer fees and lopsided exchange rates can make sending money to the Philippines expensive. That’s where Remitly comes in.
We make it easy for you to send mobile money to the Philippines. While PayMaya only allows transactions within the Philippines, Remitly users can easily use the Remitly app to transfer money into a PayMaya account from abroad.
Sending Money to PayMaya in 5 Easy Steps
Trying to send funds to family and friends in the Philippines? Follow these simple steps to send money safely to the virtual wallet service PayMaya.
- For first-time users, download the Remitly app and create an account. Then select the Philippines as your destination country.
- Enter the amount you wish to send.
- Select your delivery speed, then choose Mobile Money as your delivery method and PayMaya as your location.
- Enter your recipient’s phone number and full name. Make sure they have a PayMaya account already.
- Enter your payment details.
And that’s it! Give your details a quick review and press send. Rest easy knowing that your money is on its way across borders.
Your recipient can track the transfer on their end, too. Remitly offers peace of mind for everyone involved.
Why Should I Use Remitly to Send Money to PayMaya?
With Remitly, it’s super-easy to send money any time, any place using your phone or computer. We offer excellent exchange rates for the Philippine peso and low transfer fees.
Plus, if you need to cancel your transfer for any reason, you will get your money back.
New customers also get a special FX rate of ₱46.79 for every US Dollar sent on the first $500 of the transfer.
How Quickly Will My Money Arrive?
Using Remitly, sending money to PayMaya is quick and efficient. Senders that pay with a debit or credit card can transfer money immediately.
If you’re not in a hurry, transfers via bank account take three to five days.
How Much Money Can I Send to PayMaya with Remitly?
Remitly is dedicated to helping all of its customers send money safely, no matter the quantity they send. At the same time, we prioritize safety and international regulations to protect your information and your assets.
To that end, Remitly has sending limits based on the information provided by a customer.
Is It Safe to Send to PayMaya with Remitly?
In a word: yes. There’s a reason that we have millions of users around the world who trust Remitly.
Remitly uses two-factor verification and personal data encryption to ensure safe logins and secure transactions. You can also turn on SMS/text notifications to keep an eye on your transfer. If anything goes wrong while sending funds, you’ll get your money back.
Read more about how Remitly keeps you safe in our guide here.
Why Filipinos Love PayMaya
PayMaya Philippines, Inc., which used to be known as Smart eMoney, is one of a few popular mobile wallets in the Philippines. Similar to Apple Pay or Google Pay in the United States, the PayMaya app allows users to transfer money easily from device to device.
Users love PayMaya because it’s so convenient. Like other mobile money providers, it turns your phone into a digital wallet. Through this mobile wallet, you can pay for many goods and services that you’d otherwise use cash for. PayMaya users can pay bills, shop online, buy tickets, and much more, all with the PayMaya app. It’s no wonder that mobile wallets are being adopted in larger and larger numbers around the world.
