, APAC
292 views

Visa enables use of cards to pay in Cebu, Mandaue modern jeepneys

Commuters visiting the two Philippine cities can pay with their Visa cards in 140 modern jeepneys.

Visa, transit mobility solutions provider Good Transport Solutions (GTSI), and payment service provider GHL is enabling the use of Visa cards for payment on modern jeepneys in Cebu and Mandaue City.

Beginning 28 August, commuters can use their Visa cards to pay in 120 modern jeepneys in Cebu and 20 modern jeepneys in Mandaue.

Visa, GHL, and GTSI worked together with the Cebu IT Park Transport Terminal, Lahug Apas Transport Cooperative, and the Mandaue Transport Cooperative to pilot this project.

The move comes as tourism continues to rebound in Cebu. In February 2024, Cebu welcomed 104,439 tourists, according to data from the Department of Tourism– a 69% year-on-year increase in visitors.

The ability to use Visa cards on public transit significantly enhances convenience, as travelers increasingly prefer secure, contactless digital payments, Visa said in a press release announcing the pilot’s launch.

Visa's Global Travel Intentions Study found that that 97% of Asia Pacific travelers plan to use their card payments (credit, debit, or prepaid) on their trips, whilst only 17% intend to carry cash.

Follow the link for more news on

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.