Maya, a digital bank and payments provider, has partnered with Pepsi-Cola Products Philippines Inc. (PCPPI) to bring digital solutions to over 200,000 distributors and retailers across the country, including sari-sari stores (neighborhood stores).
The joint initiative aims to make payments and access to financing simpler and faster for business owners. With Maya’s all-in-one platform, distributors and retailers can now receive cashless payments and get loans tied to their sales performance.
“This partnership with Maya supports our goal of streamlining operations and strengthening support for our distributors and retail partners,” said Phyo Phyu Noe, president and CEO of PCPPI. “By shifting to digital payments and financing, we’re making it easier for our partners to do business and grow with us.”
Through Maya’s system, payments can be collected faster and recorded in real time. This reduces the risks that come with handling cash, such as theft, delays, or errors in tracking sales.
Improving access to financing
Using artificial intelligence to assess credit, Maya can also offer working capital loans based on actual sales data. This gives store owners and distributors a way to fund their inventory needs without going through complex loan processes.
“By simplifying collections and improving access to financing through our digital banking platform, we’re helping them run their businesses more efficiently and grow with confidence in an increasingly digital world,” said Shailesh Baidwan, president of Maya Group and co-founder of Maya Bank.
Maya’s tools will be connected to PCPPI’s Distributor Management System, creating a smooth flow of financial services — from collection to inventory funding.
The partnership highlights how the fast-moving consumer goods sector is starting to adopt digital finance to improve operations and build stronger relationships with small retailers in the supply chain.