Taxi passengers allowed to pay through phone

CEBU, Philippines — RP Corominas Taxi, one of the largest taxi fleets in Cebu with over 200 units, is now accepting cashless payments through cellphones in partnership with GCash.

Its owner, Peter Corominas, said the move aims to provide convenience to passengers and drivers.

Using the GCash scan-to-pay technology, the passenger can simply use his or her smartphone to scan the QR code assigned to their drivers, type the amount to be paid, and wait for payment confirmation.

RP Corominas cabbies have since expressed their gratitude for sparing them the burden of securing the exact change.

Established in 1992, RP Corominas said in a statement that it has maintained integrity over the years by providing quality taxi rides. The partnership with GCash is one of the company’s measures to adapt to the changing times and offer more convenience to customers.

“In our rapidly-developing world, everyone is in a rush. We can keep up with our customers by offering them an easy way to pay using GCash,” said Corominas.

GCash, for its part, said that it continuously expands its reach and forges different partnerships to further its aim of financial inclusion via digitization.

It said that with their #PagGCashNaBai campaign, the unbanked can place their money in an e-wallet and use it to send money, buy telco loads, pay bills, or buy things offline or online.

At the same time, businesses or even small vendors can use the application to offer their customers fast, secured, and convenient cashless transactions.

“We are proud to be the mobile payment partner of the largest taxi fleet in Cebu. Aside from providing businessmen the latest and widest mobile payment platform, the partnership will also provide RP Corominas riders an easy option to pay for their taxi bills and in the same respect, give the drivers the convenience of getting the exact payment amounts in their e-wallets,” said Mynt president and chief executive officer Anthony Thomas.

Mynt, a  partnership  between  Globe  Telecom,  the  Ayala  Corporation,  and  China’s Alibaba affiliate Ant  Financial,   provides  innovative  and  first-in-world  fintech  solutions  to consumers, merchants, and organizations.

It   operates   two   fintech   companies: GCash, a micropayment  service  that  transforms  the  mobile  phone  into  a  virtual  wallet  for  secure,  fast,  and convenient  money  transfer,  and  Fuse,  a  tech-based  lending  company  that  enables  Filipinos  to  get microloans  to  business  loans  without  the  traditional  requirements  set  by  banks  and  other  lending institutions. (FREEMAN)