BusinessMirror

Commuters may pay bus fare via Gcash

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Financial technology (fintech) player gcash has partnered with af Payments inc. to enable commuters to pay for their edsa bus fares through their mobile phones, a move that will help buses keep with new regulation­s amid the so-called new normal.

with the partnershi­p, a gcash user need only to generate a QR code from his app and have it scanned on the beep handheld terminal.

“we believe that through our platform, we are able to help the government reduce the spread of the virus and provide commuters with a safe, secure, and very convenient way of paying for their transport needs,” said gcash VP and head of Payments Jovitt Bajar.

he explained that this innovation reduces the need for cash handling and cuts face-to-face interactio­n between transport personnel and commuters.

government regulation­s now require public transport operators to implement cashless fare collection systems to reduce the risk of spreading the virus through physical contacts.

“Cashless is really the future, and it is being accelerate­d at an unpreceden­ted pace due to the pandemic. as a pioneer and leader in the fintech space, we at gcash are ready to support the growing demand for digital payments solutions, especially in crucial services such as public transport,” said Bajar.

gcash recently partnered with the Land Transporta­tion Franchisin­g and Regulatory Board to enable taxis to collect fares through their mobile phones. Lorenz S. Marasigan

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