The Department of Transportation (DOTr) and the Land Bank of the Philippines (LANDBANK) rolled out the interim operation of the EMV-compliant Automated Fare Collection System (AFCS), geared towards the enhancement and modernization of the urban public transportation system in the country.
Transportation Undersecretary Cesar B. Chavez, Land Transportation Franchising and Regulatory Board Chairperson Cheloy E. Velicaria-Garafil, Bangko Sentral ng Pilipinas Governor Felipe M. Medalla, and LANDBANK President and CEO Cecilia C. Borromeo, together with participating public transport operators, led the “Interim Operation Launch and Tripartite Memorandum of Agreement Ceremonial Signing” for the Automated Fare Collection System EMV Contactless Pilot Production Testing (AFCS EMV PPT) Project at the Parañaque Integrated Terminal Exchange (PITx) in Parañaque City on 01 September 2022.
“LANDBANK fully supports the AFCS project for convenient and safe cashless payments in our PUVs. Through LANDBANK Contactless Cards, we look forward to making the daily journey and payment experience of commuters as seamless as possible,” said President and CEO Borromeo.
A total of 150 Public Utility Vehicle (PUV) units in selected pilot sites in the National Capital Region, Central Luzon, Calabarzon, and Metro Cebu will participate in the AFCS PPT.
