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International Payments Conference Abuja 2013 PSV Initiatives – Breakout Session TRANSPORT. TRANSPORT INITIATIVE. Background. TRANSPORT INITIATIVE. Rationale. OBJECTIVES. STAKEHOLDERS. SYNERGY WITH FSS2020. IMPACT ON FSS2020 THREE COMMON THEMES. KICK-OFF TASKS (2 MONTHS).
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International Payments Conference Abuja 2013 PSV Initiatives – Breakout Session TRANSPORT
TRANSPORT INITIATIVE Background
TRANSPORT INITIATIVE Rationale
RECENT DEVELOPMENTS • Fortis Mobile. • Fortis Mobile (of the licensed MPOs) is piloting mobile payment with ABC Transport, and is at the verge of signing agreement with FRSC for managing penalty payments with Mobile wallets. • LCC Toll payment • e-Tag cards (tap and go) have been introduced at the Lekki-Epe Expressway toll gates. • LTC Toll payment • e-Tag cards (tap and go) have been introduced at the Lekki-Ikoyi bridge. • Prospective Partner Organisations: e-RG, EFiNA, FortisMobile, Banks,NIBSS. • LAMATA. • The Lagos State transport company, LAMATA, has been piloting e-ticketing since 2011 and rolled out operations in early 2013. The technology is based on NFC contactless (tap and go) card payments, with NFC readers installed in buses. • LAMATA has provided incentives by making e-ticketing cheaper for transport payment than cash.