How to Register a PayMaya Account without a Phone Number?

Do you want to complete PayMaya register to start managing your finances conveniently, but do not have a Malaysian phone number to verify an account? Today, it is not a big issue. Because, with helpful digital tools, it is not mandatory to utilize your private phone number anymore.

Let’s figure out the details, but before, let’s remember what useful functionality the PayMaya app brings to Filipinos.

What is PayMaya?

What is PayMaya? PayMaya which is now known as just ‘Maya’ is a Filipino online payment app that allows Filipinos to pay for purchases digitally and conduct other financial operations. The company made a significant contribution to the development of the fintech industry in the country and banking in general, becoming the first digital payment system with over 25 million users.

For a long time, the population of the Philippines were totally ‘unbanked’ — they did not use banking services at all. But PayMaya, grown in 2016 from the parent company Smart Money, became a pioneer in the fintech field. Later, the overall development of digital banking drastically changed the situation. It mainly happened due to the enhanced accessibility, speed, and advanced security of the banking services for Filipinos. And now, over 70% of the population uses the services of digital banks.

What is PayMaya in Terms of Functionality?

The most important service for almost any Maya account holder is obviously the digital wallet PayMaya wallet. With it, you can transfer not only money to other PayMaya’s users, but also:

• Pay for utility services and make other recurring payments.
• Pay for offline purchases faster by scanning QR codes.
• Use the attached cards, both virtual and physical, to checkout in online stores and marketplaces.
• Utilize cryptocurrencies in the Crypto Section of the wallet — in addition to fiat money. The list of available coins includes Bitcoin, Ethereum, Cardano, and other coins.

Moreover, with the registered PayMaya account, you get access to the ‘PayMaya Savings’ feature. Powered by MayaBank, it allows you to open a savings deposit with an interest rate of 4.5 percent p.a. Besides, you can catch a higher interest rate because the app increases it periodicallly. Thus, it offers higher interest rate for brand new registered users.

What is more, with the PayMaya Personal Goals feature, the Maya account holders are able to conveniently set up for personal short or long-term goals. For example, when you want to build an emergency-fund fund, lay away funds for your upcoming family vacation or save up the down payment on a mortgage.

All goals earn 4% interest per annum per month. To replenish your Personal Goals, you can make a transfer from your Maya Savings account, Maya Wallet or external banks and digital wallets.

Well, what is PayMaya Deposit Plus for an average user? It lets you earn even higher interest. It is a helpful feature if you want to save faster for a medium or long-term goal, you can earn interest on up to five Time Deposit Plus Accounts simultaneously. Each has the ceiling up to PHP 1 million along with minimal cancellation fees.

How to Complete PayMaya Register: Tips & Requirements

Users can register a PayMaya account both as individuals or organizations. But the registration procedure is different. To create a private account, you need to enter your first and last names. choose your country code and enter a mobile number. To fill the last text box on the sign up page, come up with a password, both easy to remember and reliable.

If you want to open a business deposit, you need to follow a few steps in the required order. First, convert your PayMaya account into a PayMaya Business Deposit Account — you will see the button on the homepage. Then, provide your business details. First, choose your business category by indicating its type such as ‘Registered business, Corporation’ and the field in which you provide your services.

After that, move to reading and accepting the ToS of the PayMaya app. And finally, enter a 6-digit confirmation code that was sent to your registered email address. Later, you will need to pass two more steps to switch to Maya Business Deposit. Here are receiving a confirmation email and passing through a quick video call in 1-3 business days.

If you are of those who are worried about the privacy of their data, instead of entering your personal mobile number, consider utilizing a disposable virtual number for PayMaya Register. Further, let’s explore why it is much wiser.

How to Register a Maya Account without a Phone Number?

Virtual phone numbers with a limited vital period allow you receive SMS messages similar to traditional mobile numbers, though you do not need to use a SIM card for that. It brings you much higher level of security because:

• No chance to track it to an end user — YOU. Users acquire it without providing any proof of identity such as national ID, passport, etc.
• No real geolocation and physical address compromised.
• Text messages are sent not to a smartphone or other device but a special cloud software that also hardens your tracking.
• The number expires in 20 minutes after you bought and activated it — sure, after you applied a confirmation code (for example, for your Maya account activation).
• Variety of national codes — choose any of 190+ available country codes on SMS-Man — for almost any global and local online service — SMS-Man supports 4000+ platforms and apps.

Moreover, virtual numbers are nearly interchangeable if you need to access any restricted platform or set up multiple accounts with unique phone numbers. Obtaining a disposable phone number will cost you from $0.16, depending on a service required.

Here is how to purchase a one-time use number with SMS-man for PayMaya register:

1. Join sms-man.com by filling out the registration form or via social media account.
2. Deposit funds to the balance by any convenient method, including VISA, crypto, Payeer, AliPay, and more.
3. To buy a one-time use number, open ‘Receive SMS’ and choose the service. After that, choose the required national code and click ‘Purchase’.
4. Go to the bottom and copy the number. Use it for PayMaya.
5. Request a code by clicking ‘Get SMS’ to the right of the number.
6. Apply the received code to finalize registration of the PayMaya account.