{"id":106469,"date":"2015-12-07T13:47:35","date_gmt":"2015-12-07T11:47:35","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=106469"},"modified":"2015-12-07T16:24:20","modified_gmt":"2015-12-07T14:24:20","slug":"sa-minibus-taxis-are-going-cashless","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/106469\/sa-minibus-taxis-are-going-cashless\/","title":{"rendered":"SA minibus taxis are going cashless"},"content":{"rendered":"

South African National Taxi Council (Santaco) is piloting a new cashless payment system for minibus taxis, in Pietermaritzburg, KwaZulu-Natal.
\n<\/span><\/p>\n

The project is being conducted by TaxiChoice, the commercial division of Santaco, and aims to install a new card payment system in all local taxis over the next few years, writes the Natal Witness.<\/p>\n

The Grand Westgate Taxi Association, which operates 113 taxis in the city, is piloting the project, which Santaco hopes to have in as many as 100,000 taxis by March 2016.<\/p>\n

According to the Natal paper, in excess of 200,000 taxis generate an as much as R90 billion annually in fares.<\/p>\n

The industry has however, come under a lot of criticism because of a lack of regulation, leading to questions of how the industry is properly taxed.<\/p>\n

The ‘Fair Pay’ smart-card payment system aims to bring what is mostly an informal industry into the tax net.<\/p>\n

According to Business Day<\/a>, taxi owners lose between 35%-50% of fares that are pocketed by drivers through a cash based system.<\/p>\n

Santaco aims to install a card machine in all minibus taxis within the next five years, at a cost exceeding R2 billion.<\/p>\n

Each cardholder will be able to use the Fair Card to conduct up to R3,000 of transactions on a monthly basis, Business Day’s motoring journalist, Mark Smyth said.<\/p>\n

More on taxis in SA<\/h3>\n

SA taxis are better at driving than you: expert<\/a><\/strong><\/p>\n

Watch: Joburg taxis dice with oncoming traffic<\/a><\/strong><\/p>\n

Free Wi-Fi in 200 SA taxis per week<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

South African National Taxi Council (Santaco) is piloting a new cashless payment system for minibus taxis, in Pietermaritzburg, KwaZulu-Natal.<\/p>\n","protected":false},"author":10,"featured_media":89012,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26,7752],"class_list":["post-106469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-santaco"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=106469"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106469\/revisions"}],"predecessor-version":[{"id":106503,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/106469\/revisions\/106503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/89012"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=106469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=106469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=106469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}