BACKGROUND OF THE STUDY

Introduction
Online Payment by PAYMAYA Philippines

PayMaya is an app that gives you a virtual prepaid card for shopping online, booking
flights and more. Depending on your mobile network, you either get a virtual Visa or
Mastercard. You can also pay bills, send money, and more, in-app. Add money to your
PayMaya at over 15,000 partners such as 7-Eleven, Palawan Pawnshop, Smart Padala
Centers, SM Stores Business Services and Robinsons Department Store Business
Centers. https://www.paymaya.com/faqs

PayMaya is known as one of the best reloadable prepaid cards in the Philippines, as it
allows several financial transactions without the need for a credit card.It also has an
app similar to mobile wallets such as GCash and Coins.ph that can help you
conveniently pay your bills and purchases, send money, and avail other money
services without using cash anytime and anywhere. Aside from the physical card,
PayMaya offers a virtual Mastercard or Visa card that can be accessed via its app. You
can use the PayMaya virtual card to shop online. It also enables users to pay for their
Spotify and Netflix subscriptions and perform other financial transactions online.
To view your virtual card, simply tap “View Card” on the top left of the app. You can
start using the card only after you’ve linked it to your PayMaya
app.https://www.moneymax.ph/personal-finance/articles/paymaya-app-guide/

You can use the app at online stores or websites that accept credit cards or debit
cards. You can use the physical card at establishments here and abroad, wherever
Visa is accepted.https://www.paymaya.com/faqs

https://www.gizguide.com/2017/09/paymaya-services-messenger-guide.html

https://www.swirlingovercoffee.com/a-virtual-credit-card-for-bloggers-paymaya-virtual
-vis
a-card/

STATEMENT OF THE PROBLEM

 1. What is the name of the business application software/management
information system?
2. what are the features of online payment by PAYMAYA PHILIPPINES
3. HOW THE SYSTEM OPERATE?

Presentation of the system

do you get easily tired going out to pay utilities bill?or are you lazy to go send
money to you relatives or families? well this new business application is the solution
of your problem.With PayMaya, you can easily send your families/relatives allowance
in just seconds – no need to fumble for the exact amount of cash in your wallet every
single day. In times of urgent need, having your PayMaya can also come in handy,
because sending emergency money from the confines of your office is just as easy as
a few taps on your phone and can be done within
seconds.https://stories.paymaya.com/five-reasons-paymaya-best-way-students-receiv
e-allowances

1. The name of the business application software:

PayMaya Philippines, Inc. (formerly Smart eMoney, Inc.) is the pioneer in
mobile money and payments, having established brands such as PayMaya, the
first prepaid online payment app that enables the financially underserved to
pay online without a credit card; PayMaya Business, the company’s system
solutions provider that allows businesses to receive online and card payments
anytime, anywhere; Smart Money, the world’s first e-wallet linked to a mobile
phone; and Smart Padala, the leading remittance network in the Philippines
with over 15,000 agents across the country. PayMaya Philippines is a
subsidiary of Voyager Innovations, the digital innovations company of PLDT
and Smart. ​https://www.paymaya.com/about
2. Features of PAYMAYA
The PayMaya card is one of our many awesome features, so understanding
how it works is a must!

If you’re just starting out with the app or want your own physical PayMaya card,
you’re in the right place.

#1 There are two types of PayMaya cards: physical and virtual.

The virtual card is built into each user’s PayMaya app, and is generated based on your
account name and other registration details. It has everything you need to order
online: a card name, card number, expiration date, and CVV / CVC (card security
codes).

You can either get a virtual Visa or a virtual Mastercard.

On the other hand, the physical card is an external PayMaya card that you link to your
app. There are three kinds: the EMV chip card, the Beep card, and the payWave card
(tap and EMV chip). Of the three, only the EMV and payWave card are currently
available for purchase.

#2 Your PayMaya cards are prepaid cards, not credit cards.

Prepaid cards (like debit cards) basically access money that’s already in your
account: your PayMaya balance. Once your account balance runs out, they can’t be
used to purchase anything.

Keep an eye on your account balance within your app, especially if you use both the
virtual and physical card.

Both the physical and virtual PayMaya cards are debit cards.

#3 Each card has its own uses.

Your virtual card is designed to be used for online purchases and digital
subscriptions. You will need your card details (i.e. card name, 16-digit card number,
expiration date, and CVV/CVC) when you transact with various e-commerce sites.
Most of them will only allow purchases with cards that have all these details,
especially the card name.

When you don’t have cash, you have the option to use the physical PayMaya card at
restaurants, department stores, and other establishments that accept card payments.
The physical card can be used at point-of-sale terminals that have EMV chip readers,
as well as payWave terminals where you can just tap your card to make a transaction.
It all depends on the kind of card you’ve got.

#4 You have to activate your virtual PayMaya card for it to work.

work.

One of the first things you need to do after registering for a PayMaya account is
activate your virtual card. It’s a two-step process: load at least PHP 100 into your
PayMaya account, then tap View Card.

The first step is crucial: you can’t view your card at all with less than PHP 100 in your
PayMaya. Visit paymaya.com/addmoney-channels to learn where you can add money
to your account!

#5 You can buy a physical PayMaya card online or at selected physical stores.

You can buy a physical PayMaya card at the following places:

The SM Store Business Services

Robinsons Department Store Business Centers
LCC Supermarkets
Gaisano Capital Business Centers
Selected Family Mart branches
If you prefer to order one online, just visit store.payamaya.com. You can even buy
bundles of three or four cards at a discount, and orders of PHP 300 and above get
FREE shipping!
#6 You have to link a new physical PayMaya card to the app for it to work.

Linking a physical card to your app gives it access to your PayMaya account balance.

Just tap More (iOS) / Menu (Android), then My Cards and Link PayMaya Card to get
started.

#7 You can link up to three physical PayMaya cards to your app at one time.

If you want to load a fourth card, you’ll have to remove one of the existing three that
are already linked.

You can also do that on the My Cards tab from earlier. Tap the card you want to
remove, then Block Card.

#8 You use your physical PayMaya card to withdraw from any BancNet ATM.
When you link a PayMaya card, you have to set a unique 6-digit PIN for the purpose of
withdrawing from an ATM in the future.

If you’ve forgotten your PIN, you can always reset it any time you want. Just tap More
(iOS) / Menu (Android), tap My Cards, select the card you want to use, then tap Reset
PIN.

Be sure to read this handy guide before withdrawing from an ATM for the first time!

#9 You can block a lost PayMaya card.

This is a surefire way to keep anyone from spending your PayMaya balance through
the stolen card.

It’s as easy as tapping More (iOS) / Menu (Android) then My Cards, selecting the card
you want to block, then tapping Block Card.

Remember: Once you block a card, it can never be re-linked to your or any other
PayMaya app.

#10 All PayMaya cards have an expiration date.

Block an expired Physical card from your app, then re-link a new one. Snap your card
in half before disposing of it to make sure no one can try to use or re-sell it!