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Revolutionizing Transport Payments: Fortis Mobile & e-Tag Innovations

Explore the latest transport payment initiatives at the International Payments Conference Abuja 2013, focusing on Fortis Mobile's collaboration with ABC Transport and FRSC for mobile payment and penalty management. Discover e-Tag card integration at toll gates, Lekki-Epe Expressway, and Lekki-Ikoyi bridge. Learn about stakeholder synergies, impact on FSS2020, short and medium-term plans, risks, and recent developments in transport payment technologies.

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Revolutionizing Transport Payments: Fortis Mobile & e-Tag Innovations

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  1. International Payments Conference Abuja 2013 PSV Initiatives – Breakout Session TRANSPORT

  2. TRANSPORT INITIATIVE Background

  3. TRANSPORT INITIATIVE Rationale

  4. OBJECTIVES

  5. STAKEHOLDERS

  6. SYNERGY WITH FSS2020

  7. IMPACT ON FSS2020 THREE COMMON THEMES

  8. KICK-OFF TASKS (2 MONTHS)

  9. MEDIUM TERM PLAN (10 MONTHS)

  10. RISKS AND DEPENDENCIES

  11. 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.

  12. LAMATA

  13. Questions and Discussion

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