PayMaya and SM Now Offer Free Cash Ins

PayMaya and SM have partnered to make it easier for customers to put money into their accounts by offering free cash ins at The SM Store, SM Supermarket, and SM Hypermarket.

SM now joins a growing list of over 90,000 free cash in touchpoints across the country, making up 8 out of 10 of PayMaya’s over 110,000 total cash in touchpoints. Other establishments that continue to offer free PayMaya cash ins include Servicio, Waltermart, Savemore, BPI (via linked account), Unionbank (via linked account), Smart Padala, TrueMoney, Ministop, Robinsons Supermarket, Southstar Drug, Bayad Center, TouchPay, and many others.

“Our new collaboration with SM is just one of the many ways PayMaya is making cashless payments frictionless for Filipinos. By offering FREE cash in at their go-to establishments like The SM Store, SM Supermarket, and SM Hypermarket, we’re making cashless payments more accessible to customers. This is most relevant, especially during the holiday season,” said Pepe Torres, Chief Marketing Officer at PayMaya Philippines.

“As more customers flock to our stores for their holiday shopping, providing them a safe and hygienic environment is our top priority. We’re happy to work with PayMaya to promote contactless transactions in our establishments by offering free cash in. With this, we are confident that more customers will be encouraged to utilize safer contactless payment for their transactions,” Dhinno Francis Tiu, SVP and Business Development Head at The SM Store.

To see a complete list of PayMaya free cash in touchpoints, users can visit the Cash In section of the app and look for the establishments with the “no fees” sticker. Here’s how to cash in for free at The SM Store and other establishments:

  1. On your PayMaya app, select the “Cash In” icon on the home screen.   
  2. Select The SM Store  
  3. Enter the desired amount, then select “Continue.”   
  4. Go to the SM Bills Payment counter and present the generated 7-digit code along with your payment to the cashier.   
  5. Wait for an SMS confirmation before leaving the store. 

More information on PayMaya’s products and services can be found on the official website.