Wednesday 15 August
Powered by Ajaxy
Aug 22, 2017 @ 20:40

Moving beyond cash: MVP Group pushes digital payments in its tollroads

 

Metro Pacific Tollways Corp. rolled out an electronic payment program for motorists traversing the north and south expressways.

Aside from cash, motorists can now also use their Easy Trip RFID, beep cards, and Mastercard prepaid and credit cards, including the Smart Mastercard powered by PayMaya.

MPTC chairman Manuel V. Pangilinan said the use of digital payments would help usher a new era of tollways operations in the country where consumers can enjoy faster, more secure and more convenient electronic transactions.

“This is very much aligned with the National Retail Payment System program of the Bangko Sentral ng Pilipinas (BSP) that aims to transform 20 percent of the country’s payment transactions to electronic by 2020,” he added.

Company president Rodrigo Franco said the availability of more payment options would result in even more seamless, convenient and hassle-travel at the NLEX, SCTEX and Cavitex.

For his part, PayMaya Philippines Orlando B. Vea said the “impact of digital transformation in the tollroads space would not only bring a whole new level of convenience to consumers but also place the country at the forefront of the region’s digital global economy.”

Tags: , , , , , , , , , , , , ,

Related Stories
Metro Pacific Investments Corp. is exploring investment opportunities in Indonesia for its other businesses.
A unit of Metro Pacific Investments Corp. has raised its stake in PT Nusantra Infrastructure
Metro Pacific Tollways Corp. is shelling out P130.5 billion in the next five years to
Metro Pacific Investments Corp. expects to seal a deal to sell about 10 percent of


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.