PayMaya has been tapped by both the DOT (Department of Transportation) and the LTFRB (Land Transportation Franchising Regulatory Board) to provide not only access to cashless payment options for both PUV drivers and operators but also additional potential livelihood opportunities for drivers.
As several areas in the country have begun transitioning to a General Community Quarantine (GCQ), the LTFRB has issued guidelines requiring taxis and TNVS to begin using cashless payment options such as PayMaya to help reduce the spread of COVID-19. PayMaya is offering various taxi and transport operators and their drivers QR scan-to-pay capabilities via the PayMaya mobile app.
Operators may also use PayMaya’s PayOut disbursement solution to conveniently and safely distribute salaries and other other incentives to their drivers’ PayMaya accounts. Additionally, drivers will be able to use their PayMaya accounts for everyday transactions such as bill payments, airtime load reloading, and sending money to friends and family. Drivers and transport operators may soon also be able to collect contactless payments through credit, debit, and prepaid cards via tap-to-pay technologies and solutions from PayMaya.
“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.
“Cashless payments particularly in taxis and TNVS vehicles is part of our new norm, 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,” added LTFRB Chairman Martin Delgra III.
PayMaya also plans to provide drivers additional livelihood options with their PayMaya accounts, including offering airtime load purchases as well as bill payment and remittance services if they operate a neighborhood store or any physical store.
More information on PayMaya’s products and services for business and merchants can be found on the official website.