The government is reviewing the traffic law to enforce the use of cashless payment in a bid to revamp public transport. In a press briefing on Tuesday, Transport permanent secretary Karanja Kibicho said the ministry is finalising a review of the New Traffic Act 2012 to make way for cashless payment of fares by commuters using a card. Once revised, the law will stipulate how passengers, drivers and conductors using the public transport should conduct themselves on the roads.
read more: www.nation.co.ke/business/news
Equity, Google launch bus fare solution
NAIROBI, Kenya, Apr 30 – Equity Bank has teamed up with Google to launch a payment card Dubbed BebaPay, which will provide a quick and convenient way to pay bus fare without the use of cash.
The payment system that allows very small transactions is meant to make commuting easier, orderly, and manageable and formalise the sector.
Speaking at the launch, Equity Bank Chief Executive Officer James Mwangi said that this partnership is in line with the bank’s commitment to continue innovating financial products and services that make it easier and convenient for their customers when they are paying for goods and services.
read more: www.capitalfm.co.ke/business
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