LTFRB and DOTr partners with PayMaya for cashless solutions for transport sector

In order to adapt to the new normal, the Land Transportation Franchising and Regulatory Board (LTFRB) and Department of Transportation (DOTr) have partnered with PayMaya in order to provide contactless payment solutions in the public transportation sector.

The LTFRB and DOTr have tapped PayMaya in order to deploy cashless payments in transportation back in May. Their full ecosystem solution now covers public transit, transport hubs, gas stations, and delivery services, among others.

Thanks to its end-to-end digital financial services and solutions, PayMaya is now enabling its transportation partners to accept contactless payments through card or e-wallet payments either inside vehicles, in transportation hubs, or through various digital and mobile channels.

  • Commuters – The commuting public can easily top-up their beep cards by purchasing credits through the PayMaya app. They can also scan-to-pay PayMaya QR-enabled vehicles or pay using their credit, debit, or prepaid card in transport service providers that have PayMaya terminals.
  • Transportation Service Providers – PayMaya is enabling companies like UBE Express, Hirna, and EKR Taxi as well as TNVS (such as Hype) to allow them to accept card and QR payments in vehicles or when commuters book through their apps or websites.
  • Transit Hubs – The Araneta City Bus Port has engaged PayMaya 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 PayMaya One all-in-one Point-of-Sale device to offer contactless payments in gas stations using cards or e-wallet apps.
  • Delivery Services – PayMaya is helping process card transactions for Lalamove and other delivery providers for cashless payments when booking a delivery.
  • Government Agencies – The LTO, Bureau of the Treasury, and PayMaya have formally signed an agreement that will soon allow cashless payments via PayMaya for motor vehicle registrations and renewals through the LTO website.

In addition, PayMaya is currently in talks with air and water transport providers to adopt cashless payments. By using cashless methods in transactions, these companies can reduce the spread of the COVID-19 virus by cash-handling.

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,” added Marvin Santos, Enterprise Head for the Public Sector of PayMaya.

Those who do not have a PayMaya account, simply download the PayMaya app for Android, iOS, or the AppGallery and register for an account. This will allow them to enjoy the safety and comfort of paying cashless in transportation and other goods.

Companies and providers who are interested in adopting PayMaya’s cashless solution can get in touch with them via transportation@paymaya.com.