Maya and Pepsi-Cola Partner to Digitalise Payments and Financing
Pepsi-Cola will utilise Maya's platform to enable digital payments, enhance access to funding, and streamline processes for more than 200,000 distributors and sari-sari stores.
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Maya and Pepsi-Cola Products Philippines, Inc. (PCPPI) are launching a digital initiative to modernise financial management for PCPPI’s network of over 200,000 distributors and retailers. The initiative also includes all of PCPPI’s existing sari-sari stores.
The move will enable faster collections through Maya’s cashless payment system, which provides real-time transaction reconciliation. It aims to reduce risks tied to cash handling, such as theft, delays in collection, and reporting inaccuracies.
Maya’s solutions will be integrated into PCPPI’s Distributor Management System (DMS), creating a financial infrastructure supporting collections and inventory financing.
Additionally, Maya will also offer working capital loans. This is to provide sari-sari store owners and distributors with financing options for inventory purchases and business growth. To facilitate this, they are going to utilise artificial intelligence (AI) for credit scoring system.
Phyo Phyu Noe, President and CEO of Pepsi-Cola Products Philippines, Inc., stated that this partnership supports their goal of “streamlining operations and strengthening support for our distributors and retail partners”.
Phyo Phyu Noe
“By shifting to digital payments and financing, we’re making it easier for our partners to do business and grow with us,” he said.
Shailesh Baidwan, Maya Group President and Maya Bank Co-Founder, also expressed his enthusiasm.
He stated “We are proud to work with Pepsi-Cola Products Philippines, Inc. on a program that supports the essential role of distributors and sari-sari store owners in the local economy.”
Shailesh Baidwan
Baidwan indicated that by simplifying collections and improving access to financing through their digital banking platform, Maya is helping these businesses to operate more efficiently.
This, he noted, empowers them to develop with confidence in an increasingly digital world.
The initiative reflects a broader transformation in the fast-moving consumer goods (FMCG) sector. As a result of this transformation, embedded digital finance is becoming a driver of agility, efficiency, and growth.
Companies are incorporating financial services into their supply chains to digitalise payments and strengthen relationships with trade partners.
