Boloro is a global mobile payments platform, owned and operated by Net2Text Limited, a U.S company headquartered in New York. Boloro is brought to Kuwaiti customers by Boloro Kuwait, Net2Text’s exclusive local partner in Kuwait, owned by local leaders and regional mobile payment experts who conducted the Boloro Kuwait Bus pilot. Zain, a leading mobile operator, offered Boloro to select prepaid customers. Two bus companies, Kuwait Public Transport Company (KPTC) and CityGroup, installed Boloro as a payment option on select buses.
With Boloro, passengers pay for bus fare by tapping the Boloro sticker, attached to the back of their phone, on the Boloro Android reader inside the bus. The bus fare is immediately deducted from the rider’s mobile account balance and an SMS receipt is sent to the customer. Boloro connects directly to mobile operators, and to merchants. The pilot has been a success on all counts replacing cash, bringing convenience to customers and drivers, improving the bus companies’ efficiencies and deepening the mobile operator’s relationship with its customers.
You can read more about in Boloro Website.