No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeBusiness pulse'Chepex' project seeks to provide new payment technology for public transport

‘Chepex’ project seeks to provide new payment technology for public transport

Travelling through Costa Rica in bus is always an experience. First you’ve got to figure out the bus stop location, and wonder when and if your bus will arive. Then you wait in line for your turn to pay, sifting through your wallet or pockets for coins. Sometimes you only have a ₡5,000 bill, and the driver has no change.

The Costa Rican web platform Chepex seeks to change this, bringing new payment technology to help both the National Bus Chamber Association (CANABUS) and bus users.

“Everyone in the country travels on bus, but no one knows how,” Chepex creator Alan Schwarz told The Tico Times. “In this country we really need an electronic payment system. I always wanted to help a lot of people, not just a few, so I thought it would be a great opportunity.”

After a year of working on this project and developing technology that would be simple to use, Chepex offers a mobile application that, according to Schwarz, would be profitable and eco-friendly.

“We came up with this technology that has GPS, cameras, encryption, security, organization of the credit card data, free WiFi, and an identity card scanner,” Schwarz said. The device is called a Chepito; to manufacture it, Chepex has acquired a 3D printer. Schwarz plans to set up 50 prototypes throughout the country.

 

“The Chepito has an ID card scanner. The idea is that senior citizens can put in their ID card by themselves. It also has a QR code reader and another code reader for cellphones that don’t have NFC terminals in order for the payment to be done offline,” Schwarz said. Users would use their phones rather than cash; the system allows them to preset payment amounts for even greater effectiveness.

 

Schwarz’ ultimate goal is to be the app of choice for both Costa Ricans and tourists looking for bus stops and routes, hotels, restaurants, supermarkets and many more services.

To be able to set up the first 50 Chepitos, Chepex has launched a $50,000 crowdfunding campaign on Indiegogo.

 

 

Trending Now

Rare Blue Octopus Returns to Galápagos as a Newly Identified Species

The rare blue octopus that surprised scientists has returned to the Galápagos Islands. The specimen, about the size of a golf ball, will be...

How El Nino is choking the Panama Canal

The Panama Canal will restrict the number of vessels transiting the crucial waterway from Friday for the second time ever due to drought caused...

Mariano Navone Faces Berrettini After Stunning Djokovic at US Open

Mariano Navone has already produced the biggest win of his career at this year’s US Open. The challenge now for the Argentine is making...

Costa Rica’s Whale and Dolphin Festival Returns This Weekend

If you have been waiting for the right weekend to see humpback whales in Costa Rica, this is it. The 16th Whale and Dolphin...

Costa Rica Vehicle Thefts Hit a Ten-Year High

If you own a car here, it is more likely to be stolen now than at any point in the past ten years. Costa...

Costa Rica’s Two Biggest Soccer Clubs Meet Saturday Night in Alajuela

Costa Rica's two most popular soccer clubs, Alajuelense and Saprissa, play each other Saturday night in Alajuela. Kickoff is at 8 p.m. at the...

Costa Rica’s Pacific Waters Reach Unusually High Temperatures

Ocean temperatures along Costa Rica’s Pacific coast are running unusually high, with researchers recording water up to 2°C (3.6°F) warmer than normal in some...

Costa Rica Heads Into Peak Hurricane Season Without a Single Hurricane

The Atlantic has reached the second week of September without a single hurricane. That has not happened in a very long time, and forecasters...

Costa Rica’s Medical Tourists Are Trading Dental Chairs for Operating Room

The foreign patient arriving in Costa Rica for a dental implant or a cosmetic procedure is no longer the whole picture. Hospitals here are...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel