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Sti College
Immersion
To be presented by:
To be presented to:
Subject Teacher
December 2017
Chapter I
Introduction
Innovation occurs as time passes by. Every second, there’s a new technology
transformed or created. As one of it, our mode of payment develops also. From being on
a long queue into a machine operated teller. The reason why it transforms is because of
us. People demand something better. That’s the reason why we have that kind of
technology nowadays.
Today era, millennial, are using more technology. A technology which attracts the
eyes of people, especially, students. It tends to be a little bit easier to use and it fits the
wants of the minds of the students to explore new things. Over the past few years there is
an improvement in the field of payment. Constant change in our technology is one of the
system may stick to its traditional way and can create inconvenience. For example on
paying center, if the system continues that way and the number of users of it increases,
Prepaid cards, credit cards, debit cards, can help consumers to save their time.
Many things can be done by that. As a result, this can be used by many especially to
advanced and unique school ID system. By that, researchers have agreed to conduct a
study about the new Paymaya ID and how it is convinient as a form of payment for
tuition.
This new STI student ID allows access to security turnstiles everytime the
student enters or exits the school, it can also be a medium as a prepaid debit card which
students or parents can use in online and in-store shopping that credit VISA card
payments here and abroad. According to Meriam Webster, debit card is like a credit card
by which money may be withdrawn or the cost of purchases paid directly from the
holder’s bank account without the payment of interest. With the uniqueness of it, and as it
This new STI student ID is not just focusing on payment but also you can
link the STI student ID to the PayMaya mobile app so that it shares one wallet with the
virtual card , now you can also view your transactions in-app. PayMaya Philippines
Inc.manage by and holds an electronic money license from the Bangko Sentral ng
Pilipinas(BSP).
Statement of the Problem
The advancement in technology today has revolutionized our daily lives and has
made its way into revolutionizing how we make purchases as well as bank transfers.
Debit Cards came out of the said innovation and its sole purpose is to replace cash when
making purchases, it is similar to a Credit Card but the only difference is that the Debit
Card makes its transactions directly from the user’s Bank Account.
This research’s main focus is to assess the advantage and disadvantages of using
Paymaya, a new form of payment which is a Prepaid Card where you load up with cash
from its partners, unlike the Debit Card and Credit Cards this mode of payment is not
alligned with your Bank Account and does not borrow money when performing
transactions. The result will be used to create a Video in which would disseminate our
1. Demographic Profile
1.1 Age
1.2 Gender
1.3 Course/Strand
2.3 Cheque
2.4 Prepaid Card
3. What are the specifications of prepaid card that other modes of payment
doesn’t have?
5. Recommendation
The findings, which this study have, will benefit the senior high students of STI-
College Global City and future researcher. As supposed, this study is hoping to acquire the
The researchers will conduct this study to help the students know the advantages
We are now living in the digital world and that almost everything can be done with
just a few clicks. As a millennial, living on a place where technology matters, this study
will help them to distinguish various information to help them in their everyday needs.
In addition, this study will determine what is more preferred by the students either
modern way like credit or debit cards on the traditional way when we need to go and spend
Another thing, this research will assist the students on evaluating Paymaya if it is
source of information and be their guide for future researches. Aside from being source of
information, this study can be one of their content for their review of related literatures.
Conceptual Framework
Figure 1. below shows research frameworks of the study which will be used by the
Profile of the
respondents
in terms of: Enables to
1.) Age know the
Survey advantages and
2.) Gender disadvantages
Questionnaire of PAYMAYA
3.) Strand
Descriptive as mode of
Respondent's payment
perception on
Video
how effective
PAYMAYA
for them.
This paper specifically answers the following questions:
1.1 Age
1.2 Gender
1.3 Strand
2.3 Cheque
3. What are the advantages and disadvantages of using Prepaid card like Paymaya?
Hypothesis
On this study, the researchers have proven that Paymaya is more beneficial to
SHS students of STI College Global City and more convenient to use. It is also accessible
and a lot easier to pay than using other mode of payments and it is not time consuming.
Based on the data gathered, the researchers had been convinced that Paymaya provides an
mode of payment. This study will only focus on the Senior High School STI College -
Global City.
Definition of Terms
Strategies
Advantage
Convenient