Tag: cashless

Senate to probe RFID implementation as TRB says over 90% toll transactions are now cashless

  (Eagle News) — The Toll Regulatory Board (TRB) said that over 90 percent of toll transactions in the country are through radio frequency identification (RFID) sticker use as a result of the implementation of the cashless transaction since Dec. 1, 2020. Still, the Senate is set to probe how this cashless toll transactions are being implemented amid reported problems that had resulted in traffic gridlocks that had affected motorists, according to Senator Grace Poe. […]

DOTr urges PUV operators to shift to automatic fare collection system; says maintenance, processing fees to be waived

(Eagle News) — The Department of Transportation is urging public utility vehicle operators to shift to the automatic fare collection system, noting that maintenance and processing fees for the same will be waived. “We want to promote a ‘new normal’ in public transportation. And shifting to cashless, and contactless transactions is part of that,” Transportation Secretary Art Tugade said. According to Tugade, cashless payments will be beneficial to operators since they “reduce pilferage, and other […]