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HomeFront PageCDO transport coop braces for ‘cashless transactions’

CDO transport coop braces for ‘cashless transactions’

CAGAYAN de Oro City–A Cagayan de Oro City based transport cooperative is bracing for a “cashless transaction” as the Land Transportation Office (LTO) in Manila recently implemented the “No Card, No Ride” rule.

Dante Sudaria, Chairman of the Mindanao Daily Express Transport Cooperative (Mendex), a Cagayan De Oro-based transport cooperative, said that Mendex is ready to implement the LTO’s cashless transaction here.

Sudaria said that the cashless transaction, also known as the “automatic face collection” scheme, is part of the package of the transport modernization program, scheduled for full implementation in 2021.

“The Mendex transport cooperative is now consolidating its approved 160 routes in Cagayan De Oro City although seven of the existing routes would be initially provided with the modern transport vehicles,” Sudaria said.

He said that the Mendex transport cooperative is allocating 15 modernization-compliant vehicles in each of the initial seven routes plying in urban and sub-urban centers in Cagayan De Oro City.

A top official of the Office of Transportation Cooperatives (OTC) also lauded the implementation of 100 percent “cashless transactions” by modernization-compliant vehicles of two transport cooperatives.

Eugene M. Pabualan, the OTC Executive Director, said that the cashless transaction provides ease for both the drivers and commuters as part of the Public Utility Vehicle Modernization Program (PUVMP) to overhaul the uncomfortable system.

Pabualan cited the South Metro Transport Cooperative (SMTC) and Libra Jeepney Operator Transport Cooperative (LJOTC) in Manila for successfully enforcing the “No Card, No Ride” rule to passengers availing public transport rides.

The drivers of transport cooperative offer “green cards” to passengers, each card costing P 30.00 to P 40.00.  The passenger could also buy and reload the green card in the cooperatives’ terminals, designated as drop off points.

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