DOTR, LTFRB teams up with PayMaya to provide PUV drivers with a cashless payment option
As restrictions ease as the country transitions into the General Community Quarantine (GCQ), several Public Utility Vehicles (PUVs) will be allowed to operate. To help keep social distancing norms, the Department of Transportation (DOTr) and the Land Transportation Franchising Regulatory Board (LTFRB) has partnered with PayMaya to allow drivers and operators of PUVs to accept cashless payment options.
PayMaya will be adding QR scan-to-pay capabilities to its mobile app. Additionally, PayMaya will be giving taxis and transport operators access to a digital financial account for everyday transactions, including bills payments, airtime load reloading, and sending money to friends and family.
PayMaya will also be granting contactless payments via credit, debit, and prepaid cards via tap-to-pay technology through other digital payment solutions to transport operators.
This is in line with LTFRB’s mandate for taxis and TNVS to adopt cashless transactions. (Read LTFRB’s MC 2020-018 here.) LTFRB Chairman Martin Delgra III stated, “Cashless payments, particularly in taxis and TNVS vehicles, is part of our new norm, and we are glad that our drivers and operators have easy and convenient options such as PayMaya so that they can quickly implement this solution for the safety and benefit of their riders.”
“In the ‘new normal,’ we must help everyone adapt to new and safer ways to lead our lives, and that includes the transportation industry. PayMaya is proud to support the government and transport operators not just in helping them accept contactless payments, but to chart the path towards their full recovery as well,” said PayMaya Founder and CEO Orlando B. Vea.
Check out PayMaya’s services for businesses and merchants here.