O-City is partnering with the Philippines’ Land Bank on the programme that aligns with the Department of Transportation’s drive to adopt automated fare collection.
O-City, the smart city payment division of banking payments company BPC, is partnering with the Philippines’ Land Bank to pilot a digital payment programme on public utility vehicles (PUVs), including buses and jeepneys (minibus).
As part of the government’s commitment to improve the urban public transport system nationwide, the partnership supports the Department of Transportation’s (DOTr) programme to adopt automated fare collection, enabling contactless payment and digital ticketing as a new experience for travellers in Metro Manila.
O-City will ensure urban transit systems are interoperable and travellers can pay seamlessly and securely with their Mastercard EMV card or other contactless banking cards. On the operational side, O-City will enable greater efficiency and collaboration between service delivery agents and commuters. It also helps allocate relevant government subsidies to operators to further develop the sector.
O-City offers compatible open loop and closed loop technologies which will help operators expand the choice for payment and transitioning to contactless payments without impacting on their existing infrastructure. The solution has been implemented in more than 130 cities worldwide, it claims. It said that countries that went digital in the midst of the coronavirus pandemic include Kenya, Azerbaijan and Kyrgyzstan.
“The mass transit and mobility industry is going through an acceleration of its digital transformation programme, led by pandemic concerns”
The technology enables tap-to-pay for travellers using their card or any other means of payment, wallet, QR code and more.
“The mass transit and mobility industry is going through an acceleration of its digital transformation programme, led by pandemic concerns,” said Tokhir Abdukadirov, senior vice president, head of smart city solutions at O-City.
“The world is moving towards contactless everywhere and there is no way back. We are proud to see the Philippines’ commitment toward building a more resilient and modernised transport system, with Landbank, MasterCard and O-City helping to power this exciting initiative.”
You might also like: