Passengers on the EDSA Busway can now pay their fares via QR codes following the official launch of the cashless transaction system by the Department of TransportationPassengers on the EDSA Busway can now pay their fares via QR codes following the official launch of the cashless transaction system by the Department of Transportation

GCash to Enable Cashless Payments for EDSA Busway Trips

Passengers on the EDSA Busway can now pay their fares via QR codes following the official launch of the cashless transaction system by the Department of Transportation (DOTr) and GCash today.

DOTr Acting Secretary Giovanni Lopez, who attended the event, emphasised that the initiative aims to enable faster and more seamless payment of fares.

Under the new system, commuters simply need to open their GCash app and scan the QR codes displayed on the buses. The DOTr and GCash have posted instructional tarpaulins at various busway stations to assist first-time users.

He noted that the project is part of a broader effort to improve the overall passenger experience, rather than just modernising physical infrastructure.

This development follows the DOTr’s earlier move this year to launch cashless payments for the MRT-3, expanding the digital payment ecosystem across Metro Manila’s public transport network.

It also follows the successful rollout of GCash’s automated fare collection system for the MRT-3 railway line earlier in July.

That initiative introduced three new payment methods designed to streamline the commuting experience and reduce queues at stations.

GCash for Business General Manager Jong Layug assured users that security protocols are “top of the line” to protect accounts from hacking.

Featured image: Edited by Fintech News Philippines based on an image by Freepik.

The post GCash to Enable Cashless Payments for EDSA Busway Trips appeared first on Fintech News Philippines.

Market Opportunity
Nowchain Logo
Nowchain Price(NOW)
$0.00257
$0.00257$0.00257
-0.38%
USD
Nowchain (NOW) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

OTTAWA, ON, Dec. 17, 2025 /PRNewswire/ – New Canadian technology company Woodway Assurance is proud to announce that it has closed an oversubscribed seed funding
Share
AI Journal2025/12/17 23:16
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44