Filipay, the flagship product of Service Economy Applications Inc., has partnered with PLDT Enterprise in providing an efficient secure, transparent, and convenient cashless fare payment transactions at the automated fare collection system (AFCS) and fleet management system of the on-going Public Utility Vehicle (PUV) modernization project.
“Modernizing Philippine transportation with a cashless payment system is no easy feat,” Janice Ariño, founder, president, and chief executive, said.
“We need high standard software and hardware supported by a partner that offers only the best customer service – and PLDT Enterprise delivers in all of these,” she added.
The partnership allows for decentralized management of data that facilitates direct, reliable, and real-time access to information. It also allows for less service failures and lower transaction costs compared to centralized and distributed systems.
“We are proud of this successful partnership with FILIPAY and how the collaboration influences the transport sector for the better,” Ding Villarino, vice president and head of Enterprise Revenue Group at PLDT Enterprise said.
“Truly, a partnership is a success when solutions are adapted by other stakeholders as well, and this milestone is a step forward in building a better tomorrow for transport cooperatives and the industry,” he said.