in the fare collection system eventually transitioned the Yellow Line from a token-based system to a ticket-based system, with full conversion to a ticket-based system achieved on September 9, 2001. Starting September 2015, the old magnetic tickets were decommissioned and replaced by contactless-based smart card technology. Passengers can enter the system paid areas with either a single journey or stored value Beep Card. The Beep Card can be used on all LRT and MRT lines. Tickets can be sold from ticket booths staffed by station agents or from ticket machines. Magnetic ticket Previously, the system uses two types of tickets: a single journey (one-way) ticket whose cost is dependent on the destination, and a stored value (multiple-use) ticket available for ₱100. Senior citizens and disabled passengers can receive fare discounts as mandated by law. Tickets would normally bear a picture of the incumbent president, though some ticket designs have done away with this practice. Single journey tickets are only valid on the day of purchase and will be unusable afterward. They expire if not used to exit the same station after 30 minutes from entry or if not used to exit the system after 120 minutes from entry. If the ticket expires, the passenger will be required to buy a new one. Stored value tickets are usable on both lines although a new fare will be charged when transferring from one line to the other. To reduce ticket queues, the LRTA is promoting the use of stored value tickets. Aside from benefitting from a lower fare structure on the Line 1, stored value ticket users can avail of a scheme called the Last Ride Bonus that grants the use of any residual amount in a stored value ticket less than the usual minimum ₱12 fare, or the appropriate fare for the station of arrival from the station of departure, as a full fare. Stored value tickets are not reloadable and are captured by the fare gate after the last use. They expire six months after the date of first use. Tickets are used both to enter and exit the paid area of the system. A ticket inserted into a fare gate at the station of origin is processed and then ejected allowing a passenger through the turnstile. The ejected ticket is then retrieved while passing through so that it can be used at the exit turnstile at the destination station