Home #StaySafeKabayan DOTr, LTFRB tap PayMaya to provide PUV operators, drivers, with more cashless payment options

DOTr, LTFRB tap PayMaya to provide PUV operators, drivers, with more cashless payment options

The Department of Transportation (DOTr), and Land Transportation Franchising and Regulatory Board (LTFRB) have partnered with PayMaya to give Public Utility Vehicle (PUV) drivers and operators more cashless payment options in line with measures to stop the spread of the coronavirus disease 2019 (COVID-19) by limiting physical contact.

PayMaya is an e-wallet app that gives its users either a virtual or a physical card which can then be used for making online payments or purchases.

“The public’s health and safety remain the topmost priorities of the DOTr. Ngayon, at higit kailanman, mas kinakailangan nating pangalagaan ang kapakanan, hindi lamang ng ating mga PUV drivers, kundi maging ang ating mga pasahero. We have to end this pandemic. One of the ways to end this is to limit direct human contact to stop transmission of COVID-19,” DOTr Assistant Secretary for Road Transport and Infrastructure Mark De Leon expressed.

Memorandum Circular 2020-018 of the DOTr-LTFRB orders taxi and Transportation Network Vehicle Service (TNVS) operators in areas under a general community quarantine (GCQ) to give their passengers cashless or digital payment options and help contain the spread of COVID-19.

“Cashless payment, particularly in taxis and TNVS, is part of the ‘new normal’, 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,” said LTFRB Chairman Martin Delgra III.

PayMaya is offering taxi and transport operators, as well as their drivers, its QR scan-to-pay (STP) capabilities via its mobile app. This will prompt access to a digital financial account that they can use for transactions such as bills payments, airtime load reloading, and sending money to friends and family.

Further, drivers and transport operators may also receive contactless payments through credit, debit, and prepaid cards via tap-to-pay technology through the digital payment solutions of PayMaya.

Transport operators may also use PayMaya’s PayOut disbursement solution for the easy distribution of salaries and other incentives to their drivers’ respective PayMaya accounts.

Aside from providing more cashless payment options, through the department’s partnership with PayMaya, PUV drivers and operators will also have an opportunity to use the app’s features and technology to gradually recover from financial losses brought by the pandemic.

“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.

The DOTr, and the LTFRB had recently partnered with GCash for the use of a digital fare payment scheme. The agencies are now in talks with other online payment services such as Squidpay, and Beep.

From DoTr/LTfRB

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