Manila, Philippines – Maya has begun rolling out payment cards made from 100% recycled plastic, marking a significant step in its broader sustainability strategy as the fintech aims to transition all newly produced prepaid cards to recycled materials by the end of 2026.
The initiative will cover Maya-issued prepaid Mastercard and Visa cards, allowing customers to continue making purchases and ATM withdrawals across more than 150 million merchant locations worldwide while reducing the company’s reliance on virgin plastic.
Newly produced cards will carry a “Made from 100% Recycled Plastic” mark on the back, while retaining the same security, durability, and functionality as existing cards.
“The most meaningful sustainability efforts are often the ones that become part of how a business operates,” said Shailesh Baidwan, Group President of Maya and co-founder of Maya Bank.
“By transitioning our card portfolio to recycled plastic, we’re integrating more responsible practices into products used by our customers every day. It reflects our belief that sustainability should be embedded into how we build and grow our business.”
According to Maya, the rollout forms part of its wider sustainability agenda, which spans financial inclusion, responsible innovation, customer trust, employee wellbeing, and environmental stewardship.
Launched during Philippine Environment Month, the initiative also builds on the company’s existing environmental commitments.
Since 2022, Maya has been monitoring and reducing its Scope 1 and Scope 2 greenhouse gas emissions as part of its long-term sustainability roadmap.
The card transition complements other internal initiatives, including #MayaSWITCH, an employee-led program promoting energy conservation and reducing the use of single-use plastics across its workplaces.
As Maya continues expanding its digital financial ecosystem, the company said it remains focused on embedding responsible practices into its products and operations while creating long-term value for customers and stakeholders.
