Negosyante News

February 28, 2025 3:45 am

Smart Money Relaunch Begins with MVP Group Employees Pilot

MANILASmart Communications is bringing back Smart Money, starting with a pilot rollout for MVP Group employees, with plans for a wider relaunch in the future.

What’s Happening?
Smart Money pilot program – Currently exclusive to MVP Group employees (PLDT, Meralco, MPIC)
Aiming for full-scale comeback – Learning from the pilot to refine the service
Competitive ambitions – Smart wants to recapture its lost market share

A Look Back & Ahead

🔹 Smart Money’s Legacy: Launched in the early 2000s, it was one of the first digital wallets globally
🔹 Replaced by PayMaya (now Maya) – Shifted focus before now making a comeback
🔹 Competing with GCash, which boasts 94M registered users

🚀 Why It Matters:
With the growing dominance of GCash and Maya, Smart Money’s return could shake up the digital payments landscape in the Philippines.

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