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Wednesday, 8 August 2012

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Solution to bus travellers' small change problem

Prepaid smart cards in private, SLCTB buses:

The hassle of carrying small change to pay for bus tickets would soon be a thing of the past as the National Transport Commission (NTC) plans to introduce prepaid smart cards in both private and state buses.

These prepaid cards similar to phone or debit cards could be purchased and recharged by commuters as they are designed using the Near Field Communications (NFC) technology, NTC sources said.

The conductor will use a swipe machine to deduct the specified fare for the journey from the commuters' card balance, every time a passenger with a smart card gets into the bus.

The NTC has called for tenders for the supply of smart cards to launch the project shortly.

The NTC in a communique yesterday called the proposed system a win-win situation for all both financially and socially. They pointed out the proposed mechanism will help iron out anomalies in the system and minimise disputes.

One issue according to the NTC which would be settled with the introduction of the new system will be the frequent disputes between the commuter and the conductor on the fare and small change.

The new system is also expected to benefit bus owners as they will be assured of their full income without the suspicion of embezzlement of monies by the drivers and conductors. According to the NTC, bus owners are of the view they loose about 20 - 25 percent of the income generated daily by their vehicles due to fraudulent acts of their workers.

The NTC pointed out the Central Bank too will benefit as they will have to spend less to produce coins as the demand for small change will be reduced in a big way. With the advent of the card system, they also plan to introduce concessionary rates in buses to those who are in need of such facilities.

All transactions in the smart card system will be channeled through an established financial institution validated by the Central Bank, the sources said. According to the NTC, more than 23,000 buses ply along roads. The total daily income generated exceeds Rs.200 million.

The NTC says details for submitting tenders could be obtained by either visiting its website [email protected] or by calling 011-2587372

 

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