{"id":14407,"date":"2025-07-26T13:47:36","date_gmt":"2025-07-26T11:47:36","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=14407"},"modified":"2025-07-26T13:47:36","modified_gmt":"2025-07-26T11:47:36","slug":"landbank-leads-the-charge-for-cashless-fares-on-mrt-3","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/07\/26\/landbank-leads-the-charge-for-cashless-fares-on-mrt-3\/","title":{"rendered":"LANDBANK Leads the Charge for Cashless Fares on MRT-3"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<p class=\"p3\">LANDBANK bolstered its position as a vital facilitator of hassle-free and cashless travel with the successful pilot rollout of the Department of Transportation\u2019s (DOTr) Automated Fare Collection System (AFCS) for MRT-3 on July 25.<\/p>\n<p class=\"p3\">With the AFCS, MRT-3 patrons can now enjoy a smooth commuting experience by merely tapping their debit, credit, or prepaid Europay, Mastercard, and Visa (EMV) cards at enhanced turnstiles. This provides a quicker and more user-friendly option compared to single-journey tickets and stored-value cards, signifying a transition towards secure, uninterrupted, and real-time transport payments.<\/p>\n<p class=\"p3\">The ceremonial signing of the Memorandum of Agreement (MOA) and live demonstration were spearheaded by Transportation Secretary Vince B. Dizon, Bangko Sentral ng Pilipinas (BSP) Monetary Board Member Walter C. Wassmer and Deputy Governor Mamerto E. Tangonan, Department of Information and Communications Technology (DICT) Secretary Henry Rhoel R. Aguda, Mynt President and CEO Martha Sazon, Globe Exchange, Inc. (GXI) President and CEO Ren-ren Reyes, LANDBANK President and CEO Lynette V. Ortiz, VISA Country Manager Jeffrey Navarro, RCBC President and CEO Reginald Cariaso, and RCBC Chief Innovation and Inclusion Officer EVP Lito Villanueva, along with other essential stakeholders.<\/p>\n<p>                    #tdi_1  .td-doubleSlider-2 .td-item1 {<br \/>\n                        background: url(https:\/\/www.bworldonline.com\/wp-content\/uploads\/2025\/07\/Landbank-80&#215;60.jpg) 0 0 no-repeat;<br \/>\n                    }<br \/>\n                    #tdi_1  .td-doubleSlider-2 .td-item2 {<br \/>\n                        background: url(https:\/\/www.bworldonline.com\/wp-content\/uploads\/2025\/07\/Landbank-2-80&#215;60.jpg) 0 0 no-repeat;<br \/>\n                    }<\/p>\n<div id=\"tdi_1\" class=\"td-gallery td-slide-on-2-columns\">\n<div class=\"post_td_gallery\">\n<div class=\"td-gallery-slide-top\">\n<div class=\"td-gallery-title\"><\/div>\n<div class=\"td-gallery-controls-wrapper\">\n<div class=\"td-gallery-slide-count\"><span class=\"td-gallery-slide-item-focus\">1<\/span> of 2<\/div>\n<div class=\"td-gallery-slide-prev-next-but\">\n                                    <i class=\"td-icon-left doubleSliderPrevButton\"><\/i><br \/>\n                                    <i class=\"td-icon-right doubleSliderNextButton\"><\/i>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"td-doubleSlider-1 \">\n<div class=\"td-slider\">\n<div class=\"td-slide-item td-item1\">\n<figure class=\"td-slide-galery-figure td-slide-popup-gallery\">\n                            <a class=\"slide-gallery-image-link\" href=\"https:\/\/www.bworldonline.com\/wp-content\/uploads\/2025\/07\/Landbank.jpg\" title=\"\" data-caption=\"LANDBANK President and CEO Lynette V. Ortiz\" data-description=\"\"><\/p>\n<p>                            <\/a><figcaption class=\"td-slide-caption td-gallery-slide-content\">\n<div class=\"td-gallery-slide-copywrite\">LANDBANK President and CEO Lynette V. Ortiz<\/div>\n<\/figcaption><\/figure>\n<\/p><\/div>\n<div class=\"td-slide-item td-item2\">\n<figure class=\"td-slide-galery-figure td-slide-popup-gallery\">\n                            <a class=\"slide-gallery-image-link\" href=\"https:\/\/www.bworldonline.com\/wp-content\/uploads\/2025\/07\/Landbank-2.jpg\" title=\"\" data-caption=\"LANDBANK President and CEO Lynette V. Ortiz\" data-description=\"\"><br \/>\n                                <img decoding=\"async\" src=\"https:\/\/www.bworldonline.com\/wp-content\/uploads\/2025\/07\/Landbank-2-630x420.jpg\" alt=\"\"><br \/>\n                            <\/a><figcaption class=\"td-slide-caption td-gallery-slide-content\">\n<div class=\"td-gallery-slide-copywrite\">LANDBANK President and CEO Lynette V. Ortiz<\/div>\n<\/figcaption><\/figure>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"td-doubleSlider-2\">\n<div class=\"td-slider\">\n<div class=\"td-button td-item1\">\n<div class=\"td-border\"><\/div>\n<\/p><\/div>\n<div class=\"td-button td-item2\">\n<div class=\"td-border\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"p3\">\u201cWe are delighted to facilitate intelligent, secure, and contactless payments for everyday commuters and to back the government\u2019s initiative for digital transport reform. At LANDBANK, we are perpetually prepared to collaborate with both public and private entities to expand interoperable payment solutions that enhance daily lives,\u201d stated LANDBANK President and CEO Ortiz.<\/p>\n<p class=\"p3\">In the framework of the collaborative project, GCash operator GXI implemented and manages the POS terminals and transit system at MRT-3 turnstiles, overseeing fare calculations, reporting, and commuter assistance to ensure efficient card-based transactions.<\/p>\n<p class=\"p3\">Meanwhile, LANDBANK acts as the exclusive acquiring bank and transit payment gateway integrator, assuring that payments made using EMV cards are authorized, processed, and settled directly into DOTr\u2019s account.<\/p>\n<p class=\"p3\">LANDBANK\u2019s Transit Payment Solution facilitates fare payments across various transport modes through a cohesive system of validators, a centralized payment gateway, and settlement services. It operates for EMV and other designated cards, and can connect with other transit providers through secure digital connections to promote a genuinely interoperable nationwide transit experience.<\/p>\n<p class=\"p3\">The AFCS is part of the National Government\u2019s broader scheme to digitize public services, in accordance with Executive Order No. 170 and the BSP\u2019s Digital Payments Transformation Roadmap.<\/p>\n<p class=\"p3\">With this endeavor, LANDBANK is poised to assist in creating a fully modernized and inclusive public transport ecosystem, fueled by financial technology and robust inter-agency and public sector collaboration.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><em>Spotlight is BusinessWorld\u2019s sponsored section that allows advertisers to enhance their brand and connect with BusinessWorld\u2019s audience by publishing their narratives on the BusinessWorld Web site. For additional information, send an email to\u00a0<a href=\"mailto:online@bworldonline.com\">online@bworldonline.com<\/a>.<\/em><\/p>\n<p><em>Join us on Viber at\u00a0<a href=\"https:\/\/bit.ly\/3hv6bLA\">https:\/\/bit.ly\/3hv6bLA<\/a>\u00a0to receive more updates and subscribe to BusinessWorld\u2019s publications and gain exclusive content through\u00a0<a href=\"https:\/\/bworld-x.com\/\">www.bworld-x.com<\/a>.<\/em><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bworldonline.com\/spotlight\/2025\/07\/26\/687607\/landbank-powers-cashless-fare-payments-in-mrt-3\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html LANDBANK bolstered its position as a vital facilitator of hassle-free and cashless travel with the successful pilot rollout of the Department of Transportation\u2019s (DOTr) Automated Fare Collection System (AFCS) for MRT-3 on July 25. With the AFCS, MRT-3 patrons can now enjoy a smooth commuting experience by merely tapping their debit, credit, or prepaid<\/p>\n","protected":false},"author":3,"featured_media":14408,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[3116],"class_list":["post-14407","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-landbank-powers-cashless-fare-payments-in-mrt-3"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LANDBANK Leads the Charge for Cashless Fares on MRT-3 - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/07\/26\/landbank-leads-the-charge-for-cashless-fares-on-mrt-3\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LANDBANK Leads the Charge for Cashless Fares on MRT-3 - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html LANDBANK bolstered its position as a vital facilitator of hassle-free and cashless travel with the successful pilot rollout of the Department of Transportation\u2019s (DOTr) Automated Fare Collection System (AFCS) for MRT-3 on July 25. 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