Every time we blink our eyes, something turns digital. From messaging to banking to dating, almost everything can be done on the phone—sitting down, feet up.
It’s quite understandable especially if it provides convenience, saves time, offers security. For instance, online payment app PayMaya provides parents a faster, safer, and more convenient way to send allowance to their children.
Sending money can be done in seconds; anytime, anywhere. Moms and dads can also easily send funds to their child’s PayMaya wallet from their bank account through InstaPay.
By receiving allowance straight to their PayMaya account, students can avoid losing or misplacing their money. They can also track their expenses as they receive an SMS after each transaction—whether by using their PayMaya QR, virtual card, or physical card.
Lyceum University of the Philippines - Batangas and soon, the University of the Philippines accept card and QR transactions. These universities, along with STI, also provide PayMaya-powered IDs to their students.
Further, allowance givers and receivers can pile up on cash backs and discounts each time they transact. They also get discounts on their in-app purchases which include prepaid load, gaming pins, and select goodies at PayMaya Treats.
Aside from these perks, it teaches the youth financial responsibility by allowing them to budget their money, track their expenses, and even save up a little and use their savings to purchase items that give them joy or allow them to pursue their passions.
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