Traditionally, consumer lending has been a long and tedious process. To apply for a credit card, you would have to provide your proof of income, bank statement history, and other documents to verify that you are able to repay your credit, often requiring trips to your bank branch. The underwriting process may also take weeks or months before the approval of a loan. They merit a high amount of effort on the part of both the borrower and the lender.
Brankas and PesoPay today announced that the payment gateway by AsiaPay is now live with Maya, enhancing the number of payment options available for existing and new PesoPay merchants. With this integration, PesoPay empowers merchants to accept payments from Maya users. The integration is made possible via Brankas Direct API, which is connected to over 7 Philippines banks to enable collections and retail “cash-in” for e-commerce, fund transfers, and recurring subscriptions.
With Brankas Direct, PesoPay will add the Maya payment method to its wide range of options including other e-wallets like GCash, GrabPay and ShopeePay, credit and debit cards, over-the-counter payments, and China payments. PesoPay, the platform brand name of AsiaPay Philippines, a leading provider of digital payment solutions, with 16 operational offices across Asia Pacific. The PesoPay e-payment service focuses on providing payment options for merchants and consumers in the Philippines.
For inquiries, please send an e-mail to sales@pesopay.com
About AsiaPay
Founded in 2000, AsiaPay is a premier digital payment solution and technology vendor in Asia, strives to bring advanced, integrated, and cost-effective digital payment processing solutions and services to banks and e-businesses around the world. Our integrated payment services covers credit and debit cards, bank account/net banking, digital wallets, buy now pay later, over-the-counter and other digital means.
AsiaPay offers a variety of award-winning, multi-currency, multi-lingual, multi-card, and multi-channelled payment solutions, bundled with our advanced functionalities including fraud detection, tokenization and data analytics among others.