Maya, a financial technology company and digital bank, is emphasizing the security features of the Maya Black credit card, which gives users more control over how they protect and manage their accounts through the Maya app.
The Maya card, which was introduced earlier this year, has no printed number and features a Card Verification Value (CVV) that changes with every transaction. Through the app’s built-in Security Center, users can freeze their card activity, set spending limits, or block transactions instantly.
“Security should not feel complicated, it should give peace of mind,” said Shailesh Baidwan, president of Maya Group and co-founder of Maya Bank. “We’re giving customers simple, powerful tools to protect themselves in real time. When people know they are in control, they are more confident to use credit and grow with it.”
The Maya Black credit card is supported by biometric logins, one-time passwords, and artificial intelligence-based fraud monitoring that detects and blocks suspicious activity. Maya said it is the first in the Philippines to combine customer-controlled features with enterprise-grade security in one digital banking platform.
The company said the card’s design addresses one of the major barriers to credit card ownership in the Philippines, concerns about fraud. As of 2024, only 15% of Filipino adults owned a credit card, according to TransUnion Philippines. By allowing users to manage their cards directly from the app, Maya aims to make credit more secure and accessible.
“This is the future of secure finance: visible, real-time and customer-driven,” Baidwan said. “By raising the bar for digital banking and credit cards in the Philippines, we are proving that world-class security and everyday usability can go hand in hand. That’s how we build lasting trust, and that’s how we grow financial inclusion.”
Maya said the card is part of strategy to promote “elevated finance,” integrating protection and ease of use across its payment, savings, and credit products.