Kenyan Wall Street | by Wandiri Gitogo
UK based automated fare collection provider, O-City, has launched operations into Kenya heralding a new era of contactless matatu payments. O-City says that the new service will target up to 10,000 buses to become cashless and adopt contactless payments.
The new service is backed by M-Pesa based ticketing solution in partnership with transport savings and credit specialists, NikoDigi, and Tracom, a Kenyan based payments firm.
According to NikoDigi MD, Patrick Karera, the automated fare collection solution is dubbed ‘Lipafare’…
