LTFRB pushes fuel aid payout via e-wallet

THE Land Transportation Franchising and Regulatory Board (LTFRB) is encouraging beneficiaries to use e-wallet accounts for the rollout of fuel subsidies for public transport drivers and operators. In a statement Thursday, LTFRB Chairman Vigor Mendoza II said the method is faster and more convenient, noting digital disbursement would prevent long queues at payout sites. For those without access to e-wallets or who prefer other modes, Mendoza said cash assistance will still be distributed through physical payout venues organized by local government units in coordination with the Department of Social Welfare and Development. The LTFRB has begun preparatory measures for the nationwide implementation of the Fuel Subsidy Program, including the selection of qualified electronic money issuers that will serve as payment channel providers to ensure secure and transparent transactions. Mendoza said the initial distribution started earlier this week in Metro Manila, covering tricycle drivers. He added that regional directors have been instructed to coordinate closely with local governments and the DSWD to streamline the distribution process and ensure timely delivery of assistance. “Everything will move faster if we work together,” Mendoza said, noting that the government is implementing measures to speed up the release of subsidies to affected transport workers.