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Maya wants Filipino workers to choose where their salaries are deposited

Sep 28, 2026 · 2 min readBy KasKasan Buddies

Maya is pushing for payroll portability and Open Finance to give Filipino workers more choice over salary deposits and access to financial services.

  • Filipino employees could have more choice over where their salaries are deposited if payroll systems become more interoperable, as Maya pushes for payroll portability and wider use of Open Finance in the Philippines.
  • Payroll portability would allow employees to choose where their salaries are credited instead of being tied to a specific bank selected by their employer. Maya said this would require bank-agnostic salary disbursements using interoperable payment infrastructure.
  • The fintech company said Open Finance could complement this setup by allowing employees to securely share their financial information with their consent. This could give financial institutions more information to offer services that better match a worker's needs.

Maya is pushing for payroll portability and Open Finance to give Filipino workers more choice over salary deposits and access to financial services.

  • Filipino employees could have more choice over where their salaries are deposited if payroll systems become more interoperable, as Maya pushes for payroll portability and wider use of Open Finance in the Philippines.
  • Payroll portability would allow employees to choose where their salaries are credited instead of being tied to a specific bank selected by their employer. Maya said this would require bank-agnostic salary disbursements using interoperable payment infrastructure.
  • The fintech company said Open Finance could complement this setup by allowing employees to securely share their financial information with their consent. This could give financial institutions more information to offer services that better match a worker's needs.

Filipino employees could have more choice over where their salaries are deposited if payroll systems become more interoperable, as Maya pushes for payroll portability and wider use of Open Finance in the Philippines.

Payroll portability would allow employees to choose where their salaries are credited instead of being tied to a specific bank selected by their employer. Maya said this would require bank-agnostic salary disbursements using interoperable payment infrastructure.

The fintech company said Open Finance could complement this setup by allowing employees to securely share their financial information with their consent. This could give financial institutions more information to offer services that better match a worker's needs.

Kristoffer Rada, Maya's Head of Corporate Affairs, said digital salary payments can become an entry point to broader financial services.

“When payroll connects people to saving, payments and responsible credit, it can support financial health well beyond payday,” Rada said during the European Chamber of Commerce of the Philippines' 2026 Future of Work Forum.

Maya said it is working with business process outsourcing firms and the IT and Business Process Association of the Philippines (IBPAP) on the initiative, covering nearly 1.9 million digital workers.

Through Maya Business, employers can automate salary payouts at scale, while employees can receive their earnings through the Maya app and use them for everyday payments, savings, and other financial services.

The company also pointed to the potential of consent-based financial data sharing in helping people build access to credit. With more information about a person's financial activity, institutions could potentially assess applicants who have little or no traditional credit history.

The proposed changes could mean greater flexibility in choosing where their salaries go and which financial services they use. It also reflects the push toward interoperable payments and consumer-controlled financial data in the country's financial system.