Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 19 2021 - 22:00
AsiaNet
O-CITY partners with Land Bank of the Philippines to power EMV Open Loop contactless payments in Manila
LONDON, March 19, 2021 /PRNewswire-AsiaNet/ --

BPC's smart city payment division, O-CITY, is partnering with the Philippines' 
Land Bank of the Philippines (LANDBANK) to pilot the country's initiative in 
modernising digital payment in Public Utility Vehicles (PUVs) such as buses and 
jeepneys (minibus).

As part of the government's commitment to improve the urban public transport 
system nationwide, the partnership supports the Department of Transportation's 
(DOTr) program to adopt automated fare collection, enabling contactless payment 
and digital ticketing as a new experience for travelers in Metro Manila.

O-CITY will ensure urban transit systems are interoperable and travelers can 
pay seamlessly and securely with their Mastercard EMV card or other contactless 
banking cards. O-CITY on the operational side will enable greater efficiency 
and collaboration between service delivery agents and commuters. It also helps 
allocate relevant government subsidies to operators to further develop the 
sector.

O-CITY offers compatible open loop and closed loop technologies which will help 
operators expand the choice for payment and transitioning to contactless 
payments without impacting on their existing infrastructure. The solution has 
been implemented in over 130 cities worldwide, experiencing quick adoption from 
travelers and rapid return on investment for operators and governments. 
Countries that went digital in the midst of the pandemic include Kenya, 
Azerbaijan and Kyrgyzstan.

The entry to the Philippine market represents a key milestone for O-CITY as 
they onboard their first customer in the ASEAN region – LANDBANK, in tandem 
with Mastercard and Tangent Solutions, among the strategic partners in this 
pursuit. 

Superior travel experience in times of pandemic

O-CITY enables tap-to-pay for travelers using their card or any other means of 
payment, wallet, QR code and more. The pandemic has spurred the adoption of 
contactless payments everywhere in response to social distancing and 
contact-free precautions.

In an earlier statement, LANDBANK President and CEO Cecilia C. Borromeo 
commented: "LANDBANK welcomes the opportunity to contribute to the continuous 
development of our transportation systems, in line with providing commuters 
with more efficient, safe, and comfortable modes of transport. Our combined 
efforts will fast-track the delivery of much-needed programs and services for 
the sector amid the ongoing pandemic."

Tokhir Abdukadirov, SVP, Head of Smart City Solutions at O-CITY by BPC said: 
"The mass transit and mobility industry is going through an acceleration of its 
digital transformation program, led by pandemic concerns. The world is moving 
towards contactless everywhere and there is no way back. We are proud to see 
the Philippines' commitment toward building a more resilient and modernised 
transport system, with LANDBANK, MasterCard and O-CITY helping to power this 
exciting initiative. We are certain that the pilot will demonstrate how 
Filipinos can enjoy a seamless experience across public transport without 
taking any risks or wasting time in lines."

About O-CITY 
Adopted by more than 130 cities worldwide, O-CITY is an innovative automated 
fare collection solution designed  by BPC, a leading banking and payment firm 
with in excess of 300  clients across more than 90 countries. O-CITY was born 
from the vision of digitalising micro-payments as a key driver of a cashless 
economy while improving the well-being of citizens. With O-CITY, government, 
public transport operators and merchants can deliver a frictionless payment 
experience at every touch point leveraging smart, digital and open 
technologies. (tollgate, bus, train, subway, parking facility, bike rental or 
city tourist attraction). Citizens can move freely and make quick payments 
using their mobile or existing bank card, removing the need for cash or queuing 
at a ticket counter. 
www.o-city.com 

About BPC 
Founded 25 years ago, BPC Banking, Payments: Context is what defines the 
organisation. The company has transformed over the years to deliver innovative 
and best in class proven solutions which fit with today's consumer lifestyle 
when banking, shopping or moving in both urban and rural areas, bridging real 
life to digital. With 300 customers across 90 countries globally, BPC 
collaborates with all ecosystem players ranging from tier one banks to 
neobanks, Payment Service Providers (PSP) to large processors, ecommerce giants 
to startup merchants, government bodies to local hail riding companies. BPC's 
SmartVista suite comprises of cutting-edge banking, commerce and mobility 
solutions including digital banking, ATM & switching, payments processing, card 
and fraud management, financial inclusion, merchant portals, transport and 
smart cities solutions. www.bpcbt.com

Source: O-CITY by BPC 
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