[kictanet] PSVs required to fit cameras, implement cashless payment, and fleet management systems

[Kivuva]

A new law to regulate the public transport has been put in place and
will take effect by June 2014 where
1. All PSVs must implement cashless paymeny system for bus fare
2. All PSVs to be fit with fleet management systems where overspeeding
will be checked from system logs, not on speed cameras
3. All PSVs to have surveillance cameras to reduce carjackings, petty
crimes, and terrorism
4. Install digital speed governors

This will see Beba Pay and Mpesa fight for supremacy. I'm keen to see
what card Safaricom has on it's deck. This is a great opportunity for
payment system innovators to comeup with exciting products, and also
for fleet management system companies to have regular work. The
commuters on the other hand will dig dipper in their pockets to pay
for the services.

And finally, the government has a way of collecting taxes on the Ksh
205 Billion industry

http://mobile.nation.co.ke/business/New-law-on-technology-to-transform-PSV-sector/-/1950106/2134508/-/format/xhtml/-/5hut8qz/-/index.html

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Mwendwa Kivuva, Nairobi, Kenya
twitter.com/lordmwesh
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