Maya Business Growth Leaders 2022

Maya Business recognizes growth leaders in enterprise payments

Maya Business, the country’s largest processor of business payments, continues to propel the rapid growth of enterprises through leading-edge digital payment technologies and integrated financial services.

One of the partners utilizing Maya’s digital financial solutions suite is Suyen Corp., a Philippine conglomerate known for its clothing brand Bench.

With the thrust of providing convenience, giving more options to consumers, strategic promos and rebates, and the seamless integration of solutions in its website and stores, Suyen Corp. almost doubled its year-on-year volume for cashless payments processed by Maya Business.

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“Even before the pandemic, Filipino consumers were already transitioning into the digital lifestyle. As one of the leading retail companies in the Philippines, we had to quickly make bold moves in providing our consumers with what they needed and wanted. Maya Business helped us in bringing our products closer to the Filipino consumer,” said Bryan Lim, VP for Business Development, Suyen Corp.

Growth leaders

Maya Business recently recognized the Bench group of brands under Suyen Corporation. as one of the Growth Leaders in the National Cashless Payment Category of its Digital Trailblazer Awards program for utilizing financial technologies to grow its business and adapt to the ever-changing sphere of commerce in the Philippines.

Maya Business Growth Leaders are merchant partners who made big moves with digital payments, leading to growth for their companies and their respective industries.

Unioil Petroleum Philippines and Petron Corporation were feted as National Cashless Payment Leaders alongside Suyen Corporation for growing digital transactions through on-ground payment channels.

On the other hand, Smart Communications Inc., Grab Philippines, and Shopee Philippines garnered the National Online Payments Leader award. These top companies contributed to growing online payment transactions in the country.

Electronic Commerce Philippines (ECPay) and CIS Bayad Center (Bayad) received the Outstanding Partner for Customer and Partner Enablement for helping onboard more merchants and billers to digital payment channels.

Digital transformation

Mandaue Foam topped the Growth Leader in the Regional Online Payments category, while LCC Malls received recognition as the Growth Leader in Regional Cashless payments.

“These Growth Leaders have proven that digital is the way to go. Their enthusiasm and bravery in accelerating their digital transformation encourage more like-minded enterprises to make bigger moves,” said Mar Lazaro, managing director and head of Maya Business at PayMaya.

During its recently held launch event, Maya Business recognized its partners under the Digital Trailblazer Awards 2022 program. On top of Growth Leaders, Maya Business also honored Financial Inclusion Heroes and Ecosystem Builders.

Maya Business is committed to accelerating digital transformation among enterprises and consumers in line with the national targets under the Bangko Sentral ng Pilipinas (BSP) Digital Payments Transformation Roadmap 2023 and the eCommerce Philippines Roadmap 2022 adopted by the Department of Trade and Industry (DTI).

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