DOTr, BSP, DICT, GCash Accelerate Digital Transformation of PH Transport System for Faster, Easier Commutes

The Department of Transportation (DOTr), Bangko Sentral ng Pilipinas (BSP), Department of Information and Communications Technology (DICT), and GCash are set to transform the commuting experience at the Metro Rail Transit Line 3 (MRT-3) with the launch of multiple digital-enabled payment solutions.

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The Philippines' leading finance super app is bringing in a world-class technology that eliminates the need for commuters to queue and purchase physical single-journey tickets, in support of the new Philippine National Standard for Automated Fare Collection System of the DOTr.

This initiative positions the Philippines in the same category as its Southeast Asian neighbors, such as Singapore, which have implemented open-loop ticketing systems in their public transportation networks.

This ticketing system reduces friction for commuters, allowing them to use mobile wallets and cards to pay for their rides.

The pilot launch was led by DOTr Secretary Vince Dizon, and witnessed by BSP Monetary Board Member Walter C. Wassmer, BSP Deputy Governor Mamerto Tangonan, DICT Secretary Henry Rhoel Aguda, and Land Bank of the Philippines (LBP) President & CEO Lynette Ortiz.

GCash, which will power up the secure, contactless digital transactions across the network, is represented by Mynt President and CEO Martha Sazon (the holding company of GCash) and G-Xchange, Inc. President and CEO Ren-Ren Reyes (the mobile wallet operator of GCash).

The newly launched Automated Fare Collection System enables faster, easier journeys for MRT 3 passengers via a tap-in and tap-out method through multiple modes of payment: QR, mobile NFC, and debit/credit cards.