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Forum => Kenya Discussion => Topic started by: Higgins the genius on December 01, 2014, 09:29:09 PM

Title: Pundit, whats your take on the cashless matatu system?
Post by: Higgins the genius on December 01, 2014, 09:29:09 PM
Is it mandatory for each matatu?
Does that mean that Cash will not be accepted?
I thought Notes and coins were legal tender.
Isnt that illigal?
Title: Re: Pundit, whats your take on the cashless matatu system?
Post by: RV Pundit on December 01, 2014, 10:04:20 PM
Good idea. As long as they are cheaply available like scartch cards...i do not see any problem. This will help matatu owners keep track of the inflows.

Gov has power to make "laws" and regulation.

Financial sector is one area kenya is so far ahead...and this cashless thing is another step in right direction..to cashless economy,.
Title: Re: Pundit, whats your take on the cashless matatu system?
Post by: Higgins the genius on December 01, 2014, 10:17:40 PM
But is it in order to bab Cash in matatus?
Title: Re: Pundit, whats your take on the cashless matatu system?
Post by: Georgesoros on December 01, 2014, 11:59:35 PM
I dont think govt should shove this into people's ..... However it should be left to owners to decide. They should give discounts to card users, so as to attract people.
Title: Re: Pundit, whats your take on the cashless matatu system?
Post by: gout on December 02, 2014, 08:27:34 AM
pundit..is integration working ..is it practical ..will the POS already in use be reprogrammed or what

Quote
It will now be possible to use your commuter card on any matatu or bus operating after the government forced cashless fare providers to integrate their platforms to allow seamless use across rival networks. This means that a passenger holding a BebaPay card – a product of Equity Bank and Google – can board and pay fares on Kenya Bus Service (KBS), which exclusively uses Abiria card.

The government also instructed providers of cashlite fare systems to ensure their mobile point-of-sale (mPOS) accept payments from all rival card brands and generate mini-receipts.

The interoperability of all commuter cards comes as a big win to consumers who have finally been spared the hassle of acquiring multiple plastic cards for use along different routes and operators.

The move to allow travellers to tap their preferred plastic cards across all cashlite matatu networks is part of the government’s strategy to ensure the success of the project ahead of the revised December deadline for a ban on cash transactions.

http://www.businessdailyafrica.com/Commuters-win-as-cashless-fare-system-embraces-integration/-/1248928/2471830/-/11x2txvz/-/index.html