LRT-1 to accept new BSP coins in March 2018

MANILA — The ticket vending machines (TVMs) of the Light Rail Transit (LRT) Line 1 will start accepting new coins released by the Bangko Sentral ng Pilipinas (BSP) by March next year.

LRT-1 operator Light Rail Manila Corp. (LRMC) said Friday the TVMS have yet to be reconfigured for the new designs and advised commuters to check their five-peso coins thoroughly to avoid inconvenience, especially during the Christmas rush.

Passengers may opt to purchase Single Journey Ticket, Stored Value Card (SVC), or Top-Up SVC through station tellers.

They may also exchange their new coins with old ones through the station teller.

“AF Payments Inc., the concessionaire of Automated Fare Collection System 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 LRMC said in a statement.

The BSP has released its New Generation Currency (NGC) five-peso coin earlier this month featuring Andres Bonifacio in honor of his 154th birth anniversary and 120th death anniversary.

The BSP said the rest of the denominations of the NGC coin series would be released for circulation in January.

All coins in the new series will feature the BSP logo, national heroes and endemic flora. (Aerol John Pateña/PNA)

Popular

PBBM says anti-corruption drive among gov’t’s top priorities

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Tuesday said the fight against corruption remains one of the most...

PBBM hopes U.S.-Iran ceasefire brings lasting peace, stability

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Tuesday expressed optimism over the ceasefire agreement between the United States...

House, Senate leaders welcome PBBM’s call for special session to act on priority bills

By Brian Campued The leaders of the Senate and the House of Representatives both expressed their readiness to conduct a special session after President Ferdinand...

PBBM interacts with evacuees, leads distribution of ambulances in quake-hit Mindanao provinces

By Dean Aubrey Caratiquet Shortly after an earlier visit to the ground zero of the magnitude 7.8 earthquake that struck provinces in south-central Mindanao on...