Update: 1:25PM VODAFONE Fiji will spend an estimated $8million to $9million to bring the e-ticketing smart cards to Fiji.
It expects to recoup this cost from bus companies through a confidential fee levied on each transaction.
"For the initial 100,000 cards that cost us $1.7million and for the additional cards that will cost us three to four million just on the subsidised cost, the cost could run into eight or nine million dollars," Vodafone Fiji's head of corporate affairs, Shailendra Prasad, said.
Mr Prasad said mobile phones could also be used to top up the cards with funds.
"Through the mobile phone you can top up any value from one dollar onwards, that's the flexibility available through M-Paisa."