PayMaya enables cashless payments for PH transport sector

by Fanboy SEO · August 20, 2020

In response to the government’s call for contactless and cashless solutions for the transport sector, PayMaya is now enabling operators of various modes of mass transportation in the country with its advanced end-to-end payment platforms.

The full ecosystem solution covering public transit, transport hubs, gas stations, and delivery services, among others, supports the mandate of the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) for transportation service providers to accept contactless payments in public transit to limit the spread of the virus causing the COVID-19 disease.

“When the DOTr and the LTFRB called for PayMaya to help deploy cashless payments in transportation back in May, we worked quickly with our partners to provide them with the necessary solutions and technologies to make this happen,” said Shailesh Baidwan, President of PayMaya. “We are glad that many transport operators are embracing this change, and have in fact accelerated their cashless deployments in partnership with PayMaya.”

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.

PayMaya has enabled the entire transportation chain with digital payments solutions:

Commuters – the commuting public 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.
Transportation service providers – PayMaya is enabling the likes of UBE Express (P2P and Airport shuttle services), hirna and EKR Taxi (taxi services), as well as Hype (TNVS) 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 since a few years ago to offer QR and card payments in its hub and through its website.
Petroleum providers – the likes of Petron, Shell, SEAOIL, Unioil, Cleanfuel, RePhil, and other major fuel retailers have adopted the PayMaya One all-in-one Point-of-Sale device to offer contactless payments in gas stations using card 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 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.

“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.

Safer transactions for ‘delivery heroes’

With many Filipinos stuck at home during the quarantine, they have learned to rely on delivery services to order essential items for their day-to-day needs.

In order to protect the “delivery heroes” or riders of the various delivery companies who are fulfilling these transactions, PayMaya is also encouraging them to use contactless QR payments when they pay for their customer’s orders at merchant stores or when they accept payments from their customers upon delivery. They can even get a chance to win a new Honda motorcycle when they choose to pay using PayMaya QR.

When they scan to pay using PayMaya QR in partner merchants, for example, they can get up to 100% cashback for their transactions, which can easily add to their daily earnings. And when they fuel up at gas stations such as Petron, they can get as much as P5.00 discount per liter so they can get the most mileage out of their fuel.

“Delivery riders are now an essential part of our day-to-day lives, so encouraging them to use contactless payments has also become one of our top priorities to emphasize safety in the entire transportation chain,” Baidwan added.

Getting PayMaya for contactless payments in transportation is real easy. Simply download the PayMaya app for Android or iOS (https://official.paymaya.com/CAK1/425eb133), register for an account, and start enjoying safe commutes by paying cashless in public transportation.

Transportation providers and companies interested to know more about PayMaya’s solutions for the sector may email transportation@paymaya.com.

PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, merchants, and government. Aside from providing payments acceptance for the largest e-Commerce, food, retail, and gas merchants in the Philippines, PayMaya enables national and social services agencies as well as local government units with digital payments and disbursement services.

Through its app and wallet, PayMaya provides millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide, more than double the total number of traditional bank branches in the Philippines combined.

Its Smart Padala by PayMaya network of over 30,000 partner touchpoints nationwide serves as last mile digital financial hubs in communities, providing the unbanked and underserved with access to services. To know more about PayMaya’s products and services, visit www.PayMaya.com or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.