International Journal of Advanced Research in Computer Engineering & Technology (IJARCET) Volume 8, Issue 8, August 2019, ISSN: 2278 – 1323 www.ijarcet.org 310 Abstract— Following the high fraud and corruption in the transport sector the government of Kenya through the National Transport and Safety Authority (NTSA) issued a regulation that required all public service vehicles (PSV) to use cashless fare system beginning July 1 2015. With this system the driver would carry no cash and this was expected to bring down corruption, tax evasion and fare hiking during rush hour on Kenya urban roads. However the migration from cash to the above technology and the entire initiative appears to have failed, following slow uptake of prepaid cards by commuters and resistance from Public Service Vehicle operators. Although, the overall goal of above ticketing technology was meant to ensure accountability and safety in the transport sector through removing the need for passengers to carry cash and ensuring proper records on how much money the PSVs collected seem beneficial especially to matatu owners and passengers, still it had resistance from not only matatu crews but also passengers and matatu owners. Using survey research design which is an attempt to gather information from a large group of people with the intent to describe or define a subject so as to get more information about the phenomenon taking place and make necessary recommendations, This study sought to examine stakeholders’ involvement and Awareness on Viability of Cashlite system of payment for public transport in Kenyan Cities. It will further present the preliminary findings and try to advice on the possible solution to realization and effective assimilation of card payment method in the public transport sector. Index Terms—Cashless Fare, Public Transport , Smart Card Ticketing, Near Field Communication. I. INTRODUCTION A cashless society describes an economic state whereby financial transaction are not conduced with money in the form of physical banknotes or coins but rather though the transfer of digital information (usually an electronic representation of money) between the transacting parties (Shendge et al, 2017). Cashless society has existed based on barter and other methods of exchange, and cashless transactions have also become possible using digital currencies such as Bitcoins or Ethereum (Camera, 2017). It can be noted that Dozens of national legislatures have made moves toward becoming cashless economies during the past two decades, but so far no nation has “gone all the way”, several have nearly completed the journey with mixed results. Counter to the global trend, lawmakers in some circumstance are fully opposing the act of going cashless. Some economists note that other country’s culture is based on paying debts and settling financial accounts in short order. The entire concept of cashless, or a credit, economy seems like monetary poison to them (Haering, 2018). At least in the realm of cashless marketplaces, Kenya has been thundering along the cutting edge since the 2007 launch of M-Pesa (the M is for "mobile"; pesa is Swahili for "money”. According to (Kenya Wildlife Service, 2017) and (Twomey, 2013) Cashless Kenya is a mission launched by different sectors for instance the Kenya Wildlife Service (KWS) and microloans organization to reduce dependency of Kenya’s economy on cash, reduces the chances of theft from wallet, reduces inconvenience due to carrying cash, give freedom from problem of change when transaction is of odd amount, reducing risk of receiving counterfeit currency and so on. It is worth noting that cashless society also would ease the process of tracking and eliminate the chances of having black money and illegal transactions (Athique, 2019). Above all, since all cashless economy transactions will be done through organized channel like banks and financial institutions, it would increase tax revenue for the government as all cash transactions which were done illegally come into banking system which in turn helps the government in tracking all transactions and levying tax on them which in turn can be used by the government for betterment of economy of the country (Shankar, 2018). According to (Singh, 2018) Cashless would bring hoards of stashed black money lying unused into the banking system. The adoption and use of card and mobile money in Kenya has taken roots and is part of the major means of payment. However, it is not doing so well when it comes to transport sector. In an effort to gap fraud and corruption cases in the transport sector, Kenya Parliament passed a law requiring all mass transit to implement and operate a cashless payment system for all fares (Kenya Law, 2014) . This was seen as new beginning that would take Kenya into the next level in fighting corruption and managing fare rates. These laws left options open for potential investors to come up with technologies to solve the problem. For instance Google teamed up with Equity Bank to launch a transit payment card that uses NFC technology known as Bebapay. NFC is a simple technology where machines are provided with cards to service users which are then loaded with credit (Shreemal et al, 2018). Whenever a user gets on a journey, the amount Alex Kibet Laikipia University, P.O Box 1100-20300 Nyahuru, Kenya Investigation of stakeholders’ involvement and Awareness on Viability of Cashlite system of payment for public transport in Kenyan Cities.