Digital payment firm PayMaya said Smart Padala agents in select areas around the country are now equipped with QR codes to encash funds for beneficiaries of the second tranche of the Department of Welfare and Development (DSWD)’s Social Amelioration Program (SAP).
PayMaya has been tapped by the DSWD to distribute the financial aid, which ranges from P5,000 to P8,000 depending on the beneficiary’s location, through the PayMaya accounts of the recipients in Metro Manila, Cordillera Administrative Region, Region 3, Region 4-A, and Region 7, among others.
In these areas, Smart Padala by PayMaya agents in neighborhood communities will serve as encashment touchpoints for individuals and families severely affected by the Covid-19 pandemic identified as SAP beneficiaries.
With over 30,000 partner agent touchpoints nationwide, PayMaya said Smart Padala has the most extensive domestic remittance network in the country.
Aside from the disbursement of the SAP financial aid, PayMaya has also been working with the DSWD in distributing funds to beneficiaries of its Assistance to Individuals in Crisis Situations (AICS) program.