EXTENDING its financial inclusion mission into the retail investing space, digital financial services company PayMaya has partnered with Bonds.Ph to allow small individual investors to avail of the government’s upcoming Retail Treasury Bonds (TRBs) offering. Using their PayMaya accounts, investors can avail of RTBs in the Bonds.Ph app as approved by the Bureau of the Treasury to spread investment opportunities among the population. PayMaya account holders can easily add funds to their Bonds.ph accounts using their PayMaya-registered mobile numbers, thereby democratizing access to government RTBs even to those who do not have a bank account. So we opened up our next Retail Treasury Bond offering to an online platform like Bonds.Ph that allows investors to use e-wallets like PayMaya to invest in RTBs,” National Treasurer Rosalia de Leon said. PayMaya account holders simply need to download the Bonds.Ph app from the App Store for iOS users and Google Play Store for Android Users, register and verify their accounts, and easily cash in using their PayMaya-registered mobile numbers.

Source: Manila Times July 20, 2020 17:14 UTC