Business World

Araneta BusPort now offers cashless payment options

- P.P.A.Marcelo

PAYMAYA Philippine­s, Inc. and Araneta Center, Inc. have partnered to allow passengers at the Araneta Center BusPort to book and pay for their tickets through a cashless system.

The digital payments unit of PLDT, Inc.’s Voyager Innovation­s, Inc. said in a statement over the weekend it has partnered with Araneta Center BusPort to launch the latter’s website powered by PayMaya Checkout.

On the website, passengers can book tickets, reserve seats and make payments. Commuters can also pay using the PayMaya QR system, as well as Visa, MasterCard, and JCB cards at the terminal. This is part of the total digital payments suite offered by PayMaya Business to enterprise­s and merchants in the country.

Araneta Center BusPort is the first transport hub of its kind to integrate cashless modes of payment for commuters. Providing a cashless option is expected to reduce queues at the bus port, especially during peak season such as Christmas, New Year, and Holy Week.

“Whether it’s online or at the bus port, booking bus tickets is now more convenient for passengers, and their total experience now made more secure with the help of PayMaya’s cashless payment options,” Araneta Center Senior Vice- President for Operations Antonio T. Mardo was quoted as saying in a statement.

Orlando B. Vea, PayMaya Philippine­s president and CEO, said the partnershi­p wit the Araneta Center BusPort is expected to “bring tremendous convenienc­e to commuters,” and help the bus port improve operations.

PayMaya has similar partnershi­ps with merchants including SM Group, Robinsons Retail, and Bounty Agro Ventures, Inc (BAVI), and Fruit Magic Co.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWo­rld through the Philippine Star Group, which it controls. —

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