Digital financial services leader PayMaya partners with the Philippines’ largest department store chain, The SM Store, to launch e-sukli, the first-of-its-kind digital sukli service which makes receiving change more convenient for shoppers.
Instead of getting bulky coins and bills from the cashier, e-sukli allows customers to receive a change of up to P50 directly to their PayMaya accounts. Now available in over 60 The SM Store branches nationwide, this service makes receiving change much easier and eliminates the need to find a smaller bill for your purchases.
To encourage more Filipinos to use digital payments, PayMaya is incentivizing customers who use e-sukli in any of The SM Store branches. From April 1 to 30, 2022, those who use e-sukli will get a P5, P10, or P25 bonus amount on top of their actual change. SM Shoppers can avail of this reward four times until April 30, 2022.
Customers can get their e-sukli at the checkout counter in The SM Store by simply asking the cashier to send their change via PayMaya. On their PayMaya app homepage, they simply need to tap the icon in the upper-left corner and tap the QR code beside their name. The cashier will then scan the PayMaya account QR code and transfer your change.
“We are happy to team up once again with our trusted partner, The SM Store, to be the first to bring this digital sukli initiative to Filipinos,” said Pepe Torres, Chief Marketing Officer for PayMaya Philippines.
“As more people flock to malls following the eased quarantine restrictions, we continue to develop digital solutions based on cashless technologies which will make their shopping experience fun, safe, and convenient,” he added.
“The SM Store is committed to providing mall-goers with a great shopping experience through our offers, and we are pleased to have PayMaya align with this goal,” said Dhinno Francis S. Tiu, Executive Vice President for The SM Store. “Launching e-sukli is just one of the ways we welcome our customers back in the malls and promise an even better experience for them.”
The e-sukli initiative with The SM Store is just among the many programs and innovations that PayMaya is rolling out to its enterprise partners to encourage more Filipinos to adopt digital payments for their everyday transactions.
PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines, with platforms and services that cut across consumers, merchants, communities, and government. As of end-December 2021, PayMaya provides more than 44 million Filipinos access to financial services through its consumer platforms. Its Smart Padala by PayMaya network of over 63,000 partner agent touchpoints serves as last-mile digital financial hubs in communities, providing the unbanked and underserved access to digital services. Through its enterprise business, it is the largest digital payments processor for key industries in the country, including “every day” merchants such as the largest retail, food, gas, and eCommerce merchants, as well as government agencies and units.