GCash’s challenge to Maya accepted: Pangilinan

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The story "GCash’s challenge to Maya accepted: Pangilinan" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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GCash’s challenge to Maya accepted: Pangilinan - Business Mirror

Quick Summary:

WHILE Maya has firmly secured its position as the top digital banking platform and merchant acquirer in the country, its performance has been described as "disappointing” when compared to its e-wallet rival, GCash, which has maintained dominance in the broader mobile wallet space.

I feel we should have greater say in the operations of Maya,” Pangilinan said, hinting at potential strategic shifts ahead.

The platform also boasts a deposit balance of P32.8 billion, up 32 percent from the previous year, and a life-to-date loan disbursement of P46.8 billion, marking a 4.3x year-on-year growth.