Visa, a world leader in digital payments, and Maya, the Philippines’ leading digital bank and fintech ecosystem, are collaborating to enable cross-border account funding transactions (AFT) in the Maya app. This innovative partnership allows Maya users to seamlessly pull funds from foreign-issued Visa cards and load them directly into their Maya accounts, expanding payments flexibility.
With this new feature, Maya users can easily access and transfer funds from Visa cards issued overseas, offering a streamlined solution for expatriates, overseas Filipino workers (OFWs), and global travelers who need to manage their finances across borders. Upon cashing in from their foreign-issued Visa cards, Maya users can now spend, save, and even invest their money in the Philippines through the Maya app.
“Our longstanding partnership with Maya continues to grow from strength to strength, and with this latest collaboration, we help make digital payments even more flexible. By enabling funding transactions from foreign-issued Visa cards, we provide Maya users with the power and convenience to manage their finances effortlessly, while ensuring seamless and secure transactions. This connects them to countless possibilities through their Maya accounts,” said Jeffrey Navarro, Visa Country Manager for the Philippines.
Maya, through its robust fintech ecosystem, continues to drive digital payments growth in the country. Visa has previously recognized Maya for processing the highest e-commerce and contactless payments volumes in the Philippines from 2021 to 2024, as well as for being the top acquirer for merchant transaction volume. This collaboration further underscores their commitment to advance payments innovation while improving user experience.
“With this new feature, we’re making it easier for Filipinos and OFWs to move money from their Visa cards abroad straight into their Maya wallets. Maya has redefined how we spend, save, and invest—and we’re pleased to bring the same ease and flexibility to cross-border payments,” said Khurram Malik, Group Chief Commercial Officer of Maya.