The primary section of the Wealth On Wheels (WOW) Cashless and Digitisation Venture was launched in Mthatha this week. The initiative will present students within the Jap Cape with upgraded security, and the federal government with clear and verified proof of service – all from one digital platform.
The business can also be introducing a handy cashless cost resolution that’s safer than carrying money. The mission empowers taxi house owners to develop new revenue streams.
A Partnership to Digitize Transport Fee Techniques
The Jap Cape Transport Tertiary Cooperative (ECTTC) has partnered with the FORUS Digital Group and Ecentric Fee Options to convey digital options to the guts of South Africa’s transportation system.
WOW not solely modernises taxi operations but in addition redefines them by introducing a safe cashless cost system, enhancing commuting security, comfort, and rewards.
FORUS Digital South Africa Platform
ECTTC is a tertiary cooperative established in 2014 and is the enterprise arm for SANTACO within the Jap Cape. It’s owned by its members who’re all operators within the minibus taxi business. These members are organised into cooperatives that mirror the operational associations throughout the Jap Cape.
ECTTC helps the formalisation of the business, empowers house owners and staff, creates new income streams, and supplies cooperative monetary companies. The collaborative effort with ECTTC tailors a bespoke resolution, together with a white-labelled occasion of the FORUS Digital South Africa Platform, to fulfill the precise wants of the taxi business within the Jap Cape.
Complete Testing Primarily based on Actual-World Use Circumstances
The phased roll out permits for complete testing and refinements based mostly on real-world use instances. Part 1 is targeted on modernising scholar transport to supply a safer and extra environment friendly service for college students and their households.
Will probably be carried out early in 2024. Part 2 will introduce cashless funds for all taxi companies, successfully eliminating the necessity for money transactions.
Wow Digital Platform Options
The WOW Digital Platform features a cashless cost system, GPS monitoring, dwell digital camera monitoring, and different value-added companies. By migrating from money to the WOW card or pockets, commuters will get pleasure from a streamlined and safe cost expertise.
WOW will see commuters entry a card top-up expertise by way of quite a lot of channels together with on-line, in-store, kiosks, and thru an agent community.
Moreover, commuters will be capable to retailer their ticket balances in a number of NFC codecs akin to wristbands, key fobs, and on their smartphones. The WOW initiative permits the combination of digital applied sciences into the transport business, making a extra linked, environment friendly, and affluent ecosystem.
