Ride-sharing app GrabCar has announced that it has become the first ? and so far only ? company to be fully accredited as a Transportation Network Company (TNC) by the Land Transportation Franchising and Regulatory Board (LTFRB).
The accreditation is also said to be the first in the world since the Philippines is the only country worldwide to have issued a regulatory framework for ride-sharing apps such as GrabCar and Uber.
It was in May 2015 that the Department of Transportation and Communications (DOTC) announced that it would create a new classification to accommodate mobile app-based booking services.
On July 3, GrabCar became the first company to complete to receive full accreditation as a TNC.
?Our GrabCar accreditation by LTFRB is a historical occasion. We commend the Philippine government for collaborating with our team to revolutionize transport in the Philippines through the development of game-changing regulations that champion innovation and public safety for society,? said Natasha Bautista, head of GrabCar Philippines.
The requirements for TNC accreditation included: business permit, certificate of registration duly issued by the Bureau of Internal Revenue (BIR), business model proposal with proposed fare rates and service charges, and complaint mechanism against vehicle owners and drivers.
?The stringent safety and training process we?ve implemented since day one has ensured that GrabCar complies with the new TNC regulations seamlessly and can be the first to be fully accredited by LTFRB. We are committed to screening and training our GrabPeer drivers for GrabCar in full compliance with the TNVS accreditation requirements set by LTFRB. In fact, we?re working with our Regional Head of Safety and the LTFRB to consistently ensure that our screening and safety measures are of the highest standard possible,? said Bautista.
?GrabCar has been very collaborative. Since day one of operations, they have been working closely with us to ensure that the policy on TNCs prioritizes passenger safety. We are happy to announce that GrabCar has already been accredited upon meeting all government requirements, and we are positive that this will revolutionize the Philippine transportation industry,” said Roberto Cabrera, LTFRB executive director.
To celebrate its full accreditation by the Philippine government, GrabCar is giving away an unlimited P100 discount on all GrabCar and GrabCar+ rides. Customers can use the promo code LEGALLYGRAB on every booking from July 7 to July 21, 2015.