Tuesday
October 30
2018

Cash triumphs in Kenya’s public buses as train, taxis embrace cashless system

Inside a public transport vehicle plying downtown Nairobi and Donholm route on the east, the conductor on Saturday hurried to collect fares from passengers.

He picked the fare of an equivalent of 0.80 U.S. dollars from each passenger in cash, returned the balance if any before moving to the next.

“Just pay in cash because it makes work easier for me,” the conductor told a female passenger who asked to pay fare for two people with mobile money.

The lady grumbled but complied, with the exercise taking the conductor some 20 minutes before he went back to his seat and started to count the collection.

About two years ago, the bus company was among those that were pioneering cashless payment system by selling prepaid cards to commuters.

Source: Xinhua (link opens in a new window)

Categories
Finance
Tags
cashless, digital payments, emerging markets, fintech, mobile money, transportation