MOA SIGNING. Landbank Card and Electronic Banking Group head Randy Montesa (seated left), Land Transportation Franchising and Regulatory Board Chair Cheloy Garafil (seated center), and PM Jeepney Drivers and Operators Services, Inc. chair Roberto Martin (seated right) show to the media the signed copies of a memorandum of agreement (MOA) on the use of EMV-enabled contactless card in public transport, at the Paranaque Integrated Terminal Exchange (PITX) on Thursday (Sept. 1, 2022). A total of 150 modern jeepneys will initially be part of the pilot program, which will be used to develop national standards for an automated fare collection system. (PNA photo by Jesus Escaros Jr.) MANILA - The Department of Transportation (DOTr) and the Land Bank of the Philippines (Landbank) on Thursday began the pilot test on the use of EMV-compliant prepaid, debit, and credit cards for cashless payment in public transport. EMV cards are prepaid, debit or credit cards with an embedded microchip designed f
The Federal Government, in its continuous drive to appreciate and encourage high productivity, hard work and excellence among Nigerian entrepreneurs, has awarded the Managing Director of SecureID Limited, Mrs Kofo Akinkugbe with the National Productivity Order of Merit (NPOM) awards for 2022. She bagged the award during the observance of the 19th National Production Day […]
the biggest reason, fare evasion. people riding the system for free without any accountability. there are no gates, no turnstiles. people are supposed to buy a ticket or tap their payment card when they get on the train and when they get off. that s not happening a majority of the time. fare revenue dipped to $30 million in 2020. the pandemic is only part of the story. fare collection system relies on an honor system and our acute problem is our riders aren t honoring the system. here is the catch. there is pretty much zero enforcement. no police or fare officers. they use what they call fare ambassadors. they only contact 2% of riders if someone hasn t paid. ask for identification. 76% don t show any which means there is no warning or fine down the road. the people are allowed to stay on the train. all this done because black people were getting fined at greater rates than white riders. critics say it is part of a
Business notes: News about Hampton Roads commerce and philanthropy pilotonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pilotonline.com Daily Mail and Mail on Sunday newspapers.