Connect with us

Hi, what are you looking for?

HEADLINES

Visa launches contactless fare payments on LRT-2

Completed in collaboration with the Department of Transportation (DOTr), the Rizal Commercial Banking Corporation (RCBC), and other industry stakeholders, the project marks Visa’s fourth cashless transit project in the country.

Visa, a global leader in digital payments, is expanding automated, contactless fare collection systems to the Manila Light Rail Transit (LRT) Line 2, accelerating digitization of payments and expanding financial inclusion while enhancing urban transit experiences for Filipino commuters.

Completed in collaboration with the Department of Transportation (DOTr), the Rizal Commercial Banking Corporation (RCBC), and other industry stakeholders, the project marks Visa’s fourth cashless transit project in the country.

History meets modernity

With its first line commencing operations in December 1984, the LRT was Southeast Asia’s first rapid transit system. Rapid urban growth saw the construction of LRT-2, which launched in April 2003. Since then, LRT-2 has been extended east-ward to connect to the province of Rizal, increasing coverage and accommodating growing ridership.

Today, commuters now enjoy faster, more secure train journeys using their Visa cards, QR codes, and NFC-enabled devices in all 13 stations of LRT-2. The Visa Economic Empowerment Institute estimates that open-loop, contactless systems in public transit could boost ridership by up to 10 percent. With more than 160,000 commuters relying on the train line, cashless transit payments are seen to streamline commuting experiences, providing seamless and secure digital payments while expanding urban mobility and boosting economic activity.

Advertisement. Scroll to continue reading.

Accelerating digital and financial inclusion

The launch follows the success of Visa’s cashless transit projects for the MRT-3 as well as bus systems in Cebu, Mandaue, and Bacolod. The LRT’s new cashless fare collection system aligns Metro Manila with the region’s leading urban centers in terms of convenience, innovation, and commuting experience, removing barriers for local and international tourists who increasingly expect seamless, card-based payments when traveling. Across Asia-Pacific, 94% of riders expect contactless payments to be offered when commuting, and 45% of commuters[3] would take more trips if it were easier to pay their fares.

“The automated fare collection systems across Metro Manila’s three rail lines signifies Visa’s commitment toward accelerating financial inclusion, allowing both commuters and tourists to access digital payments while improving overall urban mobility in the Philippines. With expanded access to digital financial systems, we aim to support the government in boosting productivity while stimulating economic activity to fuel growth,” said Jeffrey Navarro, Visa’s Country Manager for the Philippines.

Visa continues to deliver innovative mobility solutions with more than 870 tap-to-ride transit projects globally, advancing economic development, supporting inclusive growth, and positioning the Philippines as a global leader in smart, sustainable urban infrastructure.

Advertisement. Scroll to continue reading.
Advertisement
Advertisement
Advertisement

Like Us On Facebook

You May Also Like

HEADLINES

For Lenovo Philippines, the film illustrates how technology can serve as an enabler rather than the center of the creative process—giving creators the tools...

HEADLINES

As it continues to expand EasyMobility nationwide, EastWest remains committed to empowering institutions that create opportunities, strengthen communities, and help improve lives.

HEADLINES

For many Filipino entrepreneurs, growing a negosyo doesn’t always begin with a big investment. Sometimes, it starts with just enough capital to restock in-demand...

HEADLINES

Once verified, these credentials can appear on a candidate’s Jobstreet profile with a verified badge. Employers can then have a clearer, more trustworthy view...

COMPUTERS

Powered by an Intel Core Ultra X7 processor 358H and Windows 11 Pro, the system delivers high-performance AI computing to expedite AI-assisted content creation,...

HEADLINES

Under this collaboration, Ormoc City-based Virtual Staffing Solutions will leverage Converge’s advanced pure fiber network to establish seamless, high-speed, and secure connections across its...

HEADLINES

Maya, providing digital financial services in the Philippines, is working with IBPAP and business process outsourcing (BPO) companies to expand employees’ access to financial...

HEADLINES

Through its partnership with Khan Academy Philippines, Globe is helping connect students, parents, and teachers to free learning resources that can complement what happens...

Advertisement