May 11, 2021

Edwardo Ramiro
Manager 
Pasig-Lrt Marikina Transport Service Cooperative
259 Santolan Road, San Juan City

Dear Edwardo Ramiro:

Good day!
We are writing to formally offer our solution for the Automatic Fare Collection System to Coop
Name. We are GoodApps, Incorporated, a Financial Technology company with the brand
GoodKredit. We specialize in the use of electronic vouchers as a form of payment and have
addressed various use cases in helping our clients process superfluous payment transactions,
therefore, making us a robust payment platform. We take pride in making the lives of our
partners easy and their operations, efficient.
Our innovative solution carries out a holistic approach addressing all major and minor key
points in running a seamless AFCS platform for the PUVMP requirement to satisfy an end-to-
end AFCS solution that your transport operation needs such as;

 Online and offline payments via RFID card and QR Code

 Route Management System
 Real-time Transaction Monitoring
 Fare Reloading System

Kindly see our competitive commercial table below and select the one that best fits your
preference.

FIXED MONTHLY: P2,750 VARIABLE

POS Unit POS Unit
(Free use of device subject to terms and (Free use of device subject to terms and
conditions) conditions)
POS Maintenance Fee P POS Maintenance Fee P
750.00 750.00
Merchant Discount Rate Merchant Discount Rate 1% per
P2,000.00 transaction
50% OFF at first 12 months
OTHERS
RFID Card Deployment
P100.00/card
 Inclusion:
Mifare Desfire RFID Card
Card Printing
Custom card layout for your branding
*Minimum of 1,000 pieces per order

QR Code Deployment via GoodKredit App Zero

Cost
FREE download on Google Play Store and Apple App Store

Fare Reloading System via GK Negosyo Load Zero

Cost
Service Fee of P1.00/transaction at Retailer Level

We hope to create a synergy with your transport service as we offer the best solution to
maximize the potential of a more simplified and digitized cashless fare payment. Our goal is to
add more value to your operations as we are not only delivering a purpose but also bridging the
gap through innovation and convenience.

Should you find our proposal viable, please feel free to reach us through this
email, bryankent.labitad@goodkredit.com  or you can reach us through these numbers; 0916-
234-6236 (Globe) | 0908-819-1061 (Smart)

Looking forward to hearing from you.

Respectfully yours,

                    

BRYAN KENT LABITAD

Business Development Associate