McDonald’s customers can now pay for their fast food with PayMaya

More than 40 McDonald’s restaurants across the country have started accepting cashless payments in collaboration with PayMaya Philippines, the digital financial services arm of PLDT Inc.’s Voyager Innovations.

It’s an end-to-end payment acceptance processing of PayMaya Business which includes a point-of-sale (POS) device, card and wallet authorization, and fraud and chargeback management, PLDT said Monday.

“This payment facility enables a more seamless transaction for customers by simply using their Mastercard and Visa credit, debit, and prepaid cards in purchasing items on the McDonald’s menu,” it said.

PLDT is the sole telco provider of McDonald’s stores.

“Our company has been in business for the past 36 years. However, there are things that still keep us on our toes—fear of change, fear of making mistakes, and fear of being irrelevant,” Golden Arches Development Corp. executive vice president and deputy managing director Margot Torres said.

Golden Arches is the franchiseholder of McDonald’s in the Philippines.

“If a brand is irrelevant, then there’s no point in existing. To overcome these fears, we cannot do it alone. It is important to collaborate with experts to enable us to stay on top,” Torres said.

Quick response (QR) payments will also be accepted in select McCafé branches and in online booking and payments for birthday parties and deliveries.

“Digital is now, if not yesterday, and we need to take advantage of that. With our partnership with PLDT and its various arms like PayMaya, we are confident that we can stay relevant,” Golden Arches Development Corp. executive vice president and deputy managing director Margot Torres said in an emailed statement.

Golden Arches is the franchise holder of the McDonald's brand, led by the Yang family.

“Our company has been in business for the past 36 years. However, there are things that still keep us on our toes — fear of change, fear of making mistakes, and fear of being irrelevant,” Torres said.

“If a brand is irrelevant, then there’s no point in existing. To overcome these fears, we cannot do it alone. It is important to collaborate with experts to enable us to stay on top,” she said.

Earlier, PayMaya also teamed up with the Association of Filipino Franchisor’s Inc.— a non-profit organization for micro, small and medium enterprises—in adopting cashless transactions.

“As an enabler of digital transformation, PLDT, along with its subsidiaries, aims to future-proof Philippine businesses through its wide range of telecommunications and digital services,” the company said. —Jon Viktor Cabuenas/VDS, GMA News