It all comes down to the convenience of touch now, doesn’t it?
Recently, (towards the end of last month) local mobile operator Dialog Axiata, local NFC payment enthusiast Orik Payment Solutions and Netherlands based NXP Semiconductors collaborated to provide contactless payments and transport ticketing to 20.6 million commuters. (That is from our present population of 20.33 million.)
The system was initially implemented in Colombo last June and it must have picked up well, for the solution is to reach out to the whole of Sri Lanka within the year.
So Dialog comes in with eZ Cash and is reported to (soon) have 14,000 recharge centres across 12,000 retailers accepting eZ NFC Payments. But how many of us have NFC enabled phones, I’m not too sure.
What is the ‘TOUCH Travel Card’?
In short it is a contactless smart card. To explain further, this means you don’t need to come in contact with the bus conductor who will never give you change money. Furthermore, this also means that through contactless electronic ticketing, public transport is bound to be more efficient and hopefully, stop less at bus halts and trains to arrive on time.
But it doesn’t stop there.
Soon, the smart card could also be used as a payment method in shops and taxis. All the passenger needs is the smart card and the vendor or taxi driver, the device or the reader.
However, being a frequent tuk-tuk-er, I’m not entirely too rosy about the whole idea. We already see rigged tuk metres that sky rocket from LKR 50 to 57 and then to 60 something just when you turn to look at your face in the side mirror. It would only be soon enough that someone finds his or her way around this but hey, it’s a new thing for Sri Lanka and it’s only right that we be at least a little excited about it.
The global economy is seeing
The global economy is seeing a disruptive force changing its landscape in a much bigger way than the blue chip; the tech startups of the world. Over the past three years, Sri Lanka has seen an immense growth in its Startup ecosystem. Disrupt Asia will be the first of its kind event held in the country in which the startup ecosystem of Sri Lanka will gather in one gracious occasion. This includes investors, mentors, Government agencies, media and of course the startups.
Follow the event on Facebook : Disrupt Asia 2016
(Thursday) 8:00 am - 8:00 pm SLST
Change is a constant process
Change is a constant process that affects us as a society and as an individual. It can cut across different fields and disciplines, impacting human lives in multiple areas. Sri Lanka has seen an increased development in infrastructure, connecting diverse people from across the island.
Simultaneously, there is a boom in different industries with startups and small industries mushrooming across the country. Therefore, it is now more important than ever to engage with this phenomena of change in everyday life.
Await details on schedules and tickets!
Speakers for 2016
(Sunday) 3:00 pm - 8:00 pm SLST
INFOTEL is back again for 2016! Await more details!
INFOTEL is back again for 2016!
Await more details!
11 (Friday) 8:00 am - 13 (Sunday) 6:00 pm SLST
Bauddhaloka Mawatha, Colombo
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