Public transportation goes contacless

    Contactless payment has proven to be a fast and convenient way to transact business.

    More public transportation transactions are going contactless.

    PLDT digital payment unit Paymaya Philippines Inc. yesterday announced it has partnered with government transport agencies to offer a complete suite of cashless payment solutions for all modes of transportation, transport hubs, gas stations and delivery services in the country.

    The partnership is in line with the mandate of the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) to accept contactless payments in public transit to limit the spread of the virus causing the new acoronavirus disease 2019.

    “Our complete suite of cashless payment solutions can help empower all modes of transportation, from tricycle drivers, to jeepneys, all the way to premium taxis, buses, and other forms of mass transportation around the country,” Marvin Santos Paymaya enterprise head for the public sector said in a virtual press briefings for cashless transportation.
    Santos said PayMaya as a mode of payment, has enabled taxi operators, bus operators and ride-hailing apps across the country. These include the UBE Express, EKR Taxi, Hype, and Araneta Bus Port.

    “On a bigger scale, PayMaya is enabling the online payments acceptance of delivery service/logistic providers such as Lalamove and others, to ensure they are able to provide seamless cashless convenience to their customers,” he added.

    Commuters can easily top-up their beep cards 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.

    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.

    Additionally, PayMaya is also in talks with air and water transport providers to empower them with cashless payments acceptance as well. By using cashless payment solutions for their services, these companies are able to reduce the spread of the virus often associated with cash-handling.

    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.

    The easiest way for these drivers to accept contactless payments is by downloading the PayMaya Negosyo app – a platform tailor-fit to the needs of small business owners. By just downloading the app, filling out the registration form, and submitting a valid ID, a driver can already have access to this platform and start accepting cashless payments via PayMaya QR, Send Money, or bank transfer, in as fast as 24 hours.