Maya has announced it will comply with the Bangko Sentral ng Pilipinas’ (BSP) directive to remove in-app links that connect users to online gambling applications.
The move follows a similar announcement from GCash, as the central bank takes action to delink payment apps from gaming websites.
In an advisory, Maya stated that it will disable access to gaming sites and apps through the “Games feature” on its app, effective from 8 PM on Saturday, August 16.
Until that deadline, customers can withdraw any remaining funds from their linked gaming accounts back to their Maya Wallet using the in-app Games feature.
After 8 PM on Saturday, users will need to withdraw their funds directly through the gaming provider’s own website or application.
The BSP’s order is part of a broader regulatory push to address the risks associated with the proliferation of online gambling in the Philippines.
According to data from the Philippine Amusement and Gaming Corp., more than 32 million Filipinos participate in licensed online gambling.
“We will always safeguard our customers and ensure uninterrupted availability of all our financial services,” the company stated. “Maya will continue working closely with regulators and industry partners to uphold the highest standards of consumer protection and full compliance with all regulations”.
Feature image by tirachardz via Freepik.
