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

Costa Rica Mega-Prison Project Falls Behind Original July Deadline

Costa Rica’s new high-security prison for organized crime suspects and convicted inmates will not be fully ready by the end of July, despite earlier...

Mexico’s World Cup Run Ends in Thriller Against England

Mexico’s World Cup run ended in the most painful possible setting Sunday night, with El Tri losing 3-2 to England at Estadio Azteca after...

Costa Rica Airport Excavation Uncovers Pre-Columbian Evidence

Costa Rica has completed an archaeological rescue excavation in the area planned for the future Southern International Airport, uncovering new evidence of pre-Columbian communities...

The View’s Ana Navarro Shares Warm Tribute to Costa Rica

Ana Navarro, the Nicaraguan-born political commentator known for her work on ABC’s The View and CNN, recently shared a warm public tribute to Costa...

Costa Rica Rescue Team Celebrates Miracle Survival in Venezuela Quake Zone

A Venezuelan security guard found alive by Costa Rican rescuers after last week’s deadly earthquakes has been pulled from the rubble after eight days...

Costa Rica’s Water Crisis Deepens as AyA Loses Half Its Supply

Costa Rica’s national water utility is under renewed scrutiny after officials warned that more than half of the water produced by the Instituto Costarricense...

Costa Rica Bill Could Make Some Small Loans More Expensive

A government-backed bill moving through Costa Rica’s Legislative Assembly could make some small consumer loans more expensive by shifting them into a category that...

Visiting El Salvador During the August Holiday Week

Anyone planning to visit El Salvador in early August should be ready for one of the busiest holiday periods, when San Salvador’s patron saint...

Costa Rica Approves Limón Cruise Terminal and Marina Project

President Laura Fernández signed a law on Thursday that clears the path for a marina and dedicated cruise terminal in Puerto Limón, a long-delayed...
🌴 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