The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are encouraging the public transport sector to accept cashless payments, through PayMaya, as a way of curbing the spread of the virus that causes COVID-19.
The cashless payment system is urged across the full mass transportation ecosystem.
Through its end-to-end digital financial services and solutions, PayMaya is enabling its transportation partners to accept contactless payments through card or e-Wallet payments either inside vehicles, in transportation hubs, or through their various digital and mobile channels.
“Our complete suite of cashless payment solutions can help empower all modes of transportation, from tricycle to jeepneys drivers, all the way to premium taxis, buses, and other forms of mass transportation around the country,” added Marvin Santos, Enterprise Head for the Public Sector of PayMaya.
By using PayMaya, commuters can easily top-up their beep card, which is already being used in the LRT, MRT, and BGC bus, by purchasing credits through the PayMaya app. They can also scan-to-pay in PayMaya QR-enabled vehicles or pay using their credit, debit, or prepaid card in transport service providers that have PayMaya terminals.
PayMaya is enabling the bus line UBE Express (P2P and Airport shuttle services), hirna and EKR Taxi (taxi services), as well as Hype (TNVS) to allow them to accept card and QR payments in vehicles or when commuters book through their apps or websites.
The Araneta City Bus Port has engaged PayMaya since a few years ago to offer QR and card payments in its hub and through its website.
Petroleum providers Petron, Shell, SEAOIL, Unioil, Cleanfuel, RePhil, and other major fuel retailers have adopted the PayMaya One all-in-one Point-of-Sale device to offer contactless payments in gas stations using card or e-Wallet apps.
PayMaya is helping process card transactions for Lalamove and other delivery providers for cashless payments when booking a delivery.
The Land Transportation Office, the Bureau of the Treasury, and PayMaya have formally signed an agreement that will soon allow cashless payments powered by PayMaya for motor vehicle registrations and renewals through the LTO website.