Yego Innovision has launched a system that will enable passengers on its motorcycles to pay for the ride using the MTN Tap and Pay system. Users of Yegomoto were already able to pay with MTN Mobile Money, but this required lengthy process using USSD; the introduction of Tap & Pay will make that process quicker and easier.
The company also launched its own Yegomoto Ride-Tap-Pay system.
“We are delighted to partner with MTN to bring this innovative payment option to passengers of taxi-motos,” said Karanvir Singh, the CEO and Managing Director of Yego Innovison. “From today, passengers will be able to pay with their MTN mobile wallets using MTN’s Tap & Pay or Yegomoto’s Ride-Tap-Pay tags. The Yegomoto Ride-Tap-Pay will soon be able to support payments from mobile operators as well as debit cards from banks. This will give a tremendous boost to Rwanda’s effort to go cashless.”
MTN’s Chief Business Officer Norman Munyampundu for his part said that the telecom has been very interested in Yegomoto’s business.
“When MTN Rwanda learned of what Yegomoto was initiating, and we gladly joined hands as this service is meant to ease the way people pay for their transport on motorcycles,” he said.
Yegomoto uses meters connected to the internet and to GPS which automatically calculate the fee for the ride. The tariff per kilometer is set by the Rwanda Utilities Regulatory Authority (RURA), and its director general, Patrick Nyirishema welcomed the joint initiative.
“We are very proud of Yegomoto’s cashless payment system because it will emphasize the dignity and discipline of the motor riders. And in accordance with the President’s vision of increasing the use of technology, this initiative will boost Rwanda’s economy and make things easier for both the drivers and the passengers,” he said.
To use the MTN Mobile Money or Yegomoto Ride-Tap-Pay system, passengers have to register, which takes more or less 30 seconds. Using either of the systems comes at no extra charge.