Filipinos can now invest in retail bonds using their digital wallet.
Bonds.Ph, a new online investment platform powered by the Philippine Digital Asset Exchange (PDAX), will now allow small individual investors to avail of the government’s next Retail Treasury Bond (RTB) offering using their PayMaya accounts.
Bonds.Ph will offer its newly-issued five-year bonds due 2025 to individual investors.
Prospective investors can invest in amounts as low as P5,000 up to an aggregate of P500,000.
PayMaya account holders can easily add funds to their Bonds.ph accounts using their PayMaya-registered mobile numbers.
This democratizes access to government RTBs for those who do not have a bank account.
The Bureau of the Treasury targets to raise P30 billion from its five-year RTBs to be offered from July 16 to August 7 and to be settled on August 12.
PayMaya accountholders simply need to download the Bonds.Ph app on their phones, register and verify their accounts, and easily cash in using their PayMaya-registered mobile numbers.
Meanwhile, top quick-service restaurants have tapped PayMaya to deploy contactless payments in-store, via drive-thru, and through their respective online delivery portals.
These restaurant include Jollibee Group, McDonald’s and KFC.
They have adopted PayMaya’s end-to-end digital payments solutions for enterprise – starting with One by PayMaya Point of Sale devices for in-store and drive-thru, to PayMaya’s payment gateway and digital invoicing solutions for online orders.
