By Alexandria San Juan
One other cashless fee supplier has stepped as much as assist the transportation sector in implementing cashless transactions in the course of the nationwide well being emergency, the Land Transportation Franchising and Regulatory Board (LTFRB) mentioned.
Based on the LTFRB, fee options firm SquidPay has provided its fare assortment system which makes use of cashless, contactless, and seamless fee transactions by means of faucet playing cards, near-field communication (NFC), or QR codes.
Other than SquidPay, the DOTr and the LTFRB had earlier welcomed the transfer of different suppliers comparable to PayMaya, Gcash, and Beep to provide passengers, in addition to drivers and operators, extra cashless fee choices.#
Utilizing the contactless fee scheme, direct bodily transactions are minimized when accumulating fares in public utility automobiles in compliance with the social distancing measures ordered by well being authorities.
To encourage transport operators and drivers to avail the service, SquidPay introduced free set up of its SquidCash Readers on all passenger jeepney, buses, taxis, and ride-hailing vehicles additionally as a part of its launch in Metro Manila and a number of other main cities.
“You can just imagine how vast the challenge is for the Transportation Department now that we will gradually reopen our public transportation. That is why the LTFRB gladly welcomes the growing number of payment solution companies like SquidPay that are willing to lend help during this transition,” Delgra mentioned.
Aside from contactless fee, SquidPay’s system additionally generates passenger timestamps which is able to allow authorities to conduct doable contact tracing measures if wanted, the company added.
Starting subsequent month, Metro Manila and different areas within the nation are poised to shift from a modified enhanced to a basic neighborhood quarantine which indicators the easing of restrictions on the motion of individuals, together with the usage of public transportation.
“We have been pushing for the use of cashless payment systems for fare collection in our PUVs even before this whole COVID-19 situation broke out. Our primary goal then was the comfort and convenience of our operators, drivers, and especially our passengers,” Division of Transportation (DOTr) Assistant Secretary Mark Pastor mentioned.