Digital financial services leader PayMaya is accelerating the rollout of quick response Philippines (QR PH) person to merchant (P2M), the national QR standard for merchant payments fully launched by the Bangko Sentral ng Pilipinas (BSP) in October.

The first financial technology company to adopt QR PH P2M when the standard was first introduced by the BSP in April this year, PayMaya has rolled out the most number of QR PH P2M acceptance points across its enterprise base, now at over 160,000. This number includes both online and on-ground touchpoints for all types of merchants, including large companies, government agencies and and micro, small and medium enterprises.