Manila, Philippines – Following the release of new coins by the Bangko Sentral ng Pilipinas (BSP), LRT-1 operator Light Rail Manila Corporation (LRMC) clarified that its Ticket Vending Machines (TVMs) have yet to be reconfigured for the new designs and advised the public to double check their five peso coins to avoid inconveniences, especially during the holiday rush.
Passengers may opt to purchase Single Journey Ticket (SJT), Stored Value Card (SVC) or Top-Up SVC through station tellers. They may also exchange their new coins with old ones through the station tellers, LRMC said.
AF Payments Inc. (AFPI), the concessionaire of Automated Fare Collection System (AFCS) and supplier of the TVMs, has started working on the required calibration of the firmware of its TVMs to process the new five peso coins. The procedure will be conducted in Germany and will take approximately three months before the updated firmware can be deployed in the TVMs.
The five peso coins, which are now in circulation, are expected to be compatible with the existing TVMs by March 2018.
(ENDS)
LRMC is a joint venture company of Metro Pacific Investments Corporation’s Metro Pacific Light Rail Corporation (MPLRC), Ayala Corporation’s AC Infrastructure Holdings Corporation (AC Infra), and the Philippine Investment Alliance for Infrastructure’s Macquarie Infrastructure Holdings (Philippines) PTE Ltd. (MIHPL)