PHFUN Maya — Limits, Fees & Settlement
Maya is a Philippine payment rail — regulation: Under the Bangko Sentral ng Pilipinas, it holds status as an Electronic Money Issuer and a registered Operator of Payment System.
Key facts and contents
- Operator
- Maya Philippines, Inc., which started out as Smart Money and traded for a time as PayMaya Philippines
- Regulator
- Under the Bangko Sentral ng Pilipinas, it holds status as an Electronic Money Issuer and a registered Operator of Payment System
- Wallet limit
- A monthly cap of PHP 100,000 applies at the Upgraded tier
- Per-transaction cap
- For the Upgraded tier, sending to another Maya user is limited to PHP 20,000 per transaction, and InstaPay transfers out to PHP 50,000 per day
- Settlement
- live as the transfer is made for wallet-to-wallet and InstaPay, but PESONet only by the same banking day
- Figures as of
- 2026-09
This page covers Maya the payment rail. The last section explains why nothing specific to a particular operator’s cashier appears here, which is deliberate.
Maya at a glance
| Field | Value |
|---|---|
| Operated by | Maya Philippines, Inc., which started out as Smart Money and traded for a time as PayMaya Philippines |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | A monthly cap of PHP 100,000 applies at the Upgraded tier; Super Users get PHP 500,000, Ultimate Users get PHP 5,000,000, and Basic gets PHP 50,000 |
| Per-transaction cap | For the Upgraded tier, sending to another Maya user is limited to PHP 20,000 per transaction, and InstaPay transfers out to PHP 50,000 per day |
| Settlement | live as the transfer is made for wallet-to-wallet and InstaPay, but PESONet only by the same banking day |
| Published fees | On its cash-in page Maya states a free allowance of PHP 8,000 per month combined for selected-partner cash-in, then 2 per cent on the excess. That figure was sourced from Maya’s own site without being re-fetched during verification, so the GCash schedule above, which was read directly, deserves more weight. |
Maya states these as MONTHLY wallet limits. GCash frames its ceiling in terms of how much balance is held at once. However often the two are compared directly, the comparison is not meaningful, as the numbers measure different things.
These figures were recorded in 2026-09 and hold at that point in time. Limits and fees are revised by payment providers without notice, so the provider’s own page is the only current source.
How fast money actually moves
Maya settles live as the transfer is made for wallet-to-wallet and InstaPay, but PESONet only by the same banking day. This describes the rail rather than the casino, because an operator can hold a withdrawal for its own review before it gets to Maya, and that review is usually the source of the waiting time.
A per-transaction cap of For the Upgraded tier, sending to another Maya user is limited to PHP 20,000 per transaction, and InstaPay transfers out to PHP 50,000 per day applies, which is why a larger transfer sometimes has to be split.
Verification tiers
- Basic — A monthly ceiling of PHP 50,000 applies to the wallet, with a daily ceiling of PHP 50,000 on purchases. This tier rules out bank transfers through InstaPay as well as sending to other Maya users
- Upgraded — Expect to provide a video selfie along with valid ID and a verified address. PHP 100,000 monthly cap on the wallet, up to PHP 100,000 in purchases each day, a ceiling of PHP 20,000 per transaction and PHP 100,000 per day when sending to a Maya user, and InstaPay out limited to PHP 50,000 per day and PHP 100,000 per month
- Super Users — You can move up to PHP 500,000 a month through the wallet, with PHP 500,000 daily for purchases and for sends. Whether an account meets the bar for this tier is something Maya never spells out publicly
- Ultimate Users — PHP 5,000,000 is the monthly wallet limit, and it is also the daily limit for purchases and for sending. Whether an account meets the bar for this tier is something Maya never spells out publicly
The published ceiling of A monthly cap of PHP 100,000 applies at the Upgraded tier; Super Users get PHP 500,000, Ultimate Users get PHP 5,000,000, and Basic gets PHP 50,000 applies to the tier stated above, not to every account.
What Maya says about gambling transactions
Reading Maya’s e-wallet terms and conditions directly turned up no gambling clause, only general prohibitions on illegal activity and anti-money-laundering breaches. A different product, its CREDIT CARD, has terms that do list ‘illegal gambling or unauthorized game of chance’ as restricted, and they name suspension or cancellation of the card as the consequence. Maya likewise fell under BSP Memorandum M-2025-029 that August 2025 and dropped the in-app gambling and gaming links to comply. A limit written into a credit card agreement is not a limit on the wallet, which is why the two products must be told apart.
Paying with Maya at PHFUN
- Sign in at PHFUN and open the cashier.
- Choose Maya from the payment methods listed in the cashier for your account.
- Make sure the name on your PHFUN account matches the name on your Maya account.
- Start with the cashier screen for the minimum, maximum and any fee, then confirm your amount.
Because the cashier screen displays the live limits for your account, check it before making a first deposit with any new method.
FAQ
Who regulates Maya?
Maya — regulation: Under the Bangko Sentral ng Pilipinas, it holds status as an Electronic Money Issuer and a registered Operator of Payment System. That covers the rail, not the casino.
How do I pay with Maya at PHFUN?
Once signed in, open the cashier and select Maya from the methods listed for your account. Before you confirm, make sure the name matches on both accounts and look over the limits the cashier displays.
Does Maya charge fees?
Published fees: On its cash-in page Maya states a free allowance of PHP 8,000 per month combined for selected-partner cash-in, then 2 per cent on the excess. That figure was sourced from Maya's own site without being re-fetched during verification, so the GCash schedule above, which was read directly, deserves more weight.. Providers revise these without notice.
What is the Maya wallet limit?
A monthly cap of PHP 100,000 applies at the Upgraded tier; Super Users get PHP 500,000, Ultimate Users get PHP 5,000,000, and Basic gets PHP 50,000, at the tier the provider states. Lower tiers carry lower ceilings.