{"id":36345,"date":"2019-09-05T10:54:12","date_gmt":"2019-09-05T02:54:12","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=36345"},"modified":"2019-09-05T10:54:24","modified_gmt":"2019-09-05T02:54:24","slug":"paymaya-intros-new-upgrade-process-with-ai-powered-video-selfies","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2019\/09\/05\/paymaya-intros-new-upgrade-process-with-ai-powered-video-selfies\/","title":{"rendered":"PayMaya intros new upgrade process with AI-powered video &#8216;selfies&#8217;"},"content":{"rendered":"<p>Unlocking additional features of your PayMaya account has been made even more convenient as\u00a0digital\u00a0financial services leader\u00a0PayMaya Philippines\u00a0introduced\u00a0its new upgrade process with video &#8220;selfies&#8221; for verification, powered by artificial intelligence (AI).<\/p>\n<p>Some of the features that can be unlocked by upgrading your PayMaya account include higher transaction limits,\u00a0sending of money to other PayMaya account holders,\u00a0\u00a0access to the virtual card for online transactions,\u00a0exclusive perks,\u00a0and\u00a0the ability to share\u00a0and\u00a0earn from referral codes, among others.<\/p>\n<p>The first to introduce\u00a0a video-based upgrade process to\u00a0verify the identity of customers in 2015,\u00a0PayMaya\u00a0has been\u00a0continuously introducing innovative processes, features, and services so more Filipinos can easily access digital financial services, enabling all to thrive in the new economy.<\/p>\n<p>With the new process\u00a0now\u00a0available on the\u00a0Android app\u00a0and\u00a0soon on iOS,\u00a0users who want to upgrade their accounts to unlock\u00a0more\u00a0features\u00a0only need to provide the required information,\u00a0submit a photo of their\u00a0valid\u00a0ID\u00a0and\u00a0a do\u00a0video\u00a0selfie\u00a0for liveliness check.\u00a0This will then be processed\u00a0in the back-end by an AI-powered software to verify the identity of the user\u00a0in mere minutes.<\/p>\n<p>\u201cBy employing the power of artificial intelligence to our\u00a0upgrade\u00a0process, we are able to help verify\u00a0the documents\u00a0and\u00a0identities of our customers in a\u00a0faster\u00a0and\u00a0more\u00a0efficient way.\u00a0This makes the process of upgrading PayMaya accounts easier, allowing our customers to enjoy the best of what PayMaya has to offer.\u201d\u00a0said\u00a0Shailesh Baidwan, President of\u00a0PayMaya Philippines and Voyager Innovations.<\/p>\n<p>By upgrading their accounts,\u00a0PayMaya\u00a0users can unlock key features of the app such as:<\/p>\n<ul>\n<li>Sending money to friends for FREE;<\/li>\n<li>Withdrawing cash from any\u00a0Bancnet-powered\u00a0ATMs in the country;<\/li>\n<li>Higher transaction limit of P100,000 a month;<\/li>\n<li>Access to the virtual card, which can be used for online shopping;<\/li>\n<li>Share\u00a0and\u00a0earn from referral codes (up to P5,000 when they refer 100 friends)<\/li>\n<li>Exclusive promos, bigger\u00a0cashback\u00a0rewards,\u00a0and\u00a0early access to some of the new features being rolled out to users in the coming months.<\/li>\n<\/ul>\n<p>Through this new\u00a0and\u00a0upgraded process for verification of identities,\u00a0PayMaya account holders\u00a0no longer have to go the\u00a0usual\u00a0route employed by\u00a0traditional\u00a0financial institutions\u00a0which entails having to go to a physical branch, or wait in a virtual queue\u00a0for a video call as implemented by other\u00a0emerging\u00a0digital\u00a0financial service providers today.<\/p>\n<p>As\u00a0more customers upgrade their PayMaya accounts,\u00a0PayMaya\u00a0also\u00a0increases\u00a0the integrity\u00a0and\u00a0safety of its systems,\u00a0helping lessen possible incidences of fraudulent activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlocking additional features of your PayMaya account has been made even more convenient as\u00a0digital\u00a0financial services leader\u00a0PayMaya Philippines\u00a0introduced\u00a0its new upgrade process with video &#8220;selfies&#8221; for verification, powered by artificial intelligence (AI). Some of the features that can be unlocked by upgrading your PayMaya account include higher transaction limits,\u00a0sending of money to other PayMaya account holders,\u00a0\u00a0access to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-36345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=36345"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/36345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/36346"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=36345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=36345"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=36345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}