400 More Nairobi Matatus With Cashless Fare: Safaricom

400 More Nairobi Matatus With Cashless Fare: Safaricom
Spread the love

Partnership with Forward Travelers Targets Commuters Along Juja, Kangundo and Malaa Roads

Safaricom has today partnered with Forward Travelers to offer an M-PESA fare collection solution to commuters in Nairobi. The service will be immediately available in more than 70 Forward Travelers matatus plying Juja Road, Kangundo Road and Malaa Routes. In the coming weeks, the firms will complete the rollout of the service for the 400 matatus plying the Kayole – CBD Route.

The service is powered by Simple Fare, a mobile and financial integration technology developed by Netcen Interactives. Simple Fare enables a commuter to pay fare through Lipa Na M-PESA with the payment immediately reflecting on the bus crew’s phones.

400 More Nairobi Matatus With Cashless Fare: Safaricom

“M-PESA is increasingly becoming a preferred way to pay and collect fare for commuters and matatus. It has therefore become necessary to partner with the matatu sector to provide them with solutions that make it easy to collect and reconcile payments empowering them to efficiently run their businesses,” said Peter Ndegwa, CEO, Safaricom.

Simple Fare provides matatu owners with a daily report on fares collected and enables withdrawal of funds to their M-PESA accounts. The service works across all phones and is equally available on an online portal.

Cashless payment uptake has been growing in the public transport sector as more passengers and service providers continue to take up the service.

“In addition to supporting the fight against the pandemic, this platform facilitates seamless interactions across the ecosystem. It greatly boosts the matatu owners’ efforts of tracking their investments, while the SACCO can monitor their members’ activities. Such is the value that can be unlocked by embracing technological advancements. It is the future,” said Ephantus Thuku, CEO of Netcen.

The signing up of Forward Travelers Sacco brings to over 400 the number of public service vehicles that now accept payment of fares through M-PESA. The system is already in use in more than 300 City Star Shuttle vehicles in Nairobi.

Felicity Gitonga
Felicity Gitonga is the founder of Africa Business News. abn, freelance writer, journalist, and author with a passion for telling stories.

Passaris Speaks On Viral Photo Of Police Officer Touching Omanga’s Butt

Previous article

Boda Boda Riders Rob Motorist In Accident Scene

Next article

More in Business

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *