LAGBUS: Already cashless with E-Ticketing (Card ETC)

“The LagBus Asset Management Ltd., operators of LAGBUS, had already gone cashless with electronic ticketing (e-ticketing). The company introduce e-ticketing in April, 2011 with  buses plying Routes 53, 54 and 55 on Lagos Island. How does it work? LAGBUS fleet had validators for E-Ticketing Card (ETC) already installed in them. When a commuter with a card board a LAGBUS, such passenger must board the bus from the front door as the validator is inside the doorway where the (ETC) card must be swiped and the fare for the trip would be deducted from the card immediately. What are the charges? The initial cost for E-Ticketing Card (ETC) is N500 comprising N200 cost of the ETC and N300 worth of travel fare. What are the (ETC) Benefits? With the (ETC) card you can stop any LAGBUS fleet anywhere within the route unlike the paper ticket where you have to get to LAGBUS terminal before you can use them. Reduction in fare rate: Unlike the paper ticket where every destination fare is the same in respective of the distance, with ETC, you get discount (e.g. Leventis to Silverbird Galleria would cost you N70 with a paper ticket but the same distance would cost you N50 with ETC card).   The Danger? The card is not personalized, it can be lent to friends and family members (though only one person can use it per trip). Any money loaded on the card is forfeited in case of any loss or theft of the card. Are you still contemplating?”

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