McDonald’s links with PayMaya, starts to accept cashless payment

By John Reczon Calay

Customers of McDonald’s can now order their favourite meals using PayMaya services in selected branches nationwide as the fastfood giant announced its collaboration with PLDT-owned Voyager Innovations, January 12.

Photo shows Voyager chair Manny Pangilinan (left) and McDonald’s chair George Yang with 'chief happiness officer' Ronald McDonald

Photo shows Voyager chair Manny Pangilinan (left) and McDonald’s chair George Yang with ‘chief happiness officer’ Ronald McDonald

As of this writing, 40 McDonald’s branches have begun accepting PayMaya transactions while McCafé stores in BGC Arts Center and Tagaytay Calamba takes PayMaya QR payments.

The restaurant chain plans to extend this option to more stores in the coming months. PayMaya transactions for McCelebrations Birthday Party and orders made through McDelivery will be available soon.

“Our goal is to continuously provide our customers with a convenient and feel-good restaurant experience, which is why we are committed in seeking out innovations that can deliver this to them,” McDonald’s president and CEO Kenneth S. Yang said.

The collaboration is a bold step in creating a cashless Philippines which is seen to be happening in the future, PayMaya president and CEO Orlando B. Vea said.

Six out of 10 Filipinos prefer cashless payment, according to Visa’s 2016 Consumer Payment Attitudes Survey. Preferring security and efficiency through electronic payments, 62% of the respondents said carrying cash is unsafe while 57% favored faster transactions.

PayMaya Philippines was the first company to introduce cashless payment transactions in the Philippines in August 2015. It is also the digital financial services arm of PLDT’s Voyager Innovations.

“This is digital technology at its most convenient, and we are working toward enabling more partners like McDonald’s to further build a ‘cashless’ ecosystem all around the country,” said PLDT, Smart, and Voyager Innovations chairman Manuel V. Pangilinan.

The PayMaya app can be downloaded for free and account sign-up is also free. Users can load up their accounts in over 15,000 top-up facilities nationwide.

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