Enabling Public Transport

Minibus Taxi industry in South Africa

  • Taxi Owners lose between 30% and 50% of the daily takings in their businesses to cash leakage. If this is extrapolated to monthly takings across the entire taxi industry in the country the loss is unimaginable.

  • Taxi industry has no real means of accurately reporting on the industry to drive investment as there is a lack of visibility.

  • The need to deal in change for cash payments while on the move is not convenient and is a commonly known challenge for every commuter.

  • The associations lack any real way to manage and govern because lack of business visibility.

By establishing a closed loop Taxi ecosystem that includes the peripheral services that support the minibus Taxi industry Waxed is able to supply the Taxi industry with a Cashless payment solution that meets the need of different stakeholders in the ecosystem ranging from , commuter, drivers, owners to merchants and retailers. 

Taxi Ecosystem.png

Enabling Fare collection in Busses

Bus services in Africa have developed a reputation for poor service quality a large contributing factor to these challenges is a reliance on a cash based fare collection system. Some of the challenges faced include:

  • A lack of information, not only for the government departments responsible for transport planning, but also for the vehicle owners as to passenger vs route details.

  • Vehicles owners have little control over their vehicles’ utilisation and cash flow.

  • In countries where subsidies and concessions are provided by government there is a lack of information on passenger numbers.

  • When fares are collected in cash, bus drivers are put at risk of being harmed by criminals wishing to rob them of the day’s collections.

Not only does the Raven solution provide a reliable fare collection technology that solves the cash challenges in transport  the Raven Device has Built in GPS and accelerometers. These can be use to provide better fleet information.

• Each payment transaction is stamped with a GPS tag

  • Track passenger traffic per area

  • Highlight most profitable and poor performing routes

• With the accelerometer

  • We can quickly tell if a bus has an accident and how many passengers might be in the bus.

  • We can monitor how busses are being driven.

• With the GPS on the device

  • We can monitor busses and the routes they run with GEO fencing

  • We can have interactive schedules for passengers linked to commuter apps

  • Track bus mileage every month and link it to maintenance schedules

• Each driver will be required to use biometrics to activate device before shift

  • Device activation can be linked to time and attendance

  • We can monitor how much money each driver brings in everyday

  • Better remuneration schemes can be put in place to reward most profitable drivers

• Better visibility on best performing vehicles

  • Vehicle profitability

  • Vehicle reliability based on missed schedules and breakdowns