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    Business Model Canvas

    Uploaded by

    Giselle R Ranchez
    The document describes a proposed Expressway Access Card (EAC) that would be embedded in driver's licenses as an RFID chip. This would allow for contactless toll payments on expressways and monthly billing. Revenue would come from application fees and renewal fees. The value lies in treating toll expenses as a monthly utility and enabling cashless, faster transactions. Investment is needed to collaborate with government agencies and improve the driver's license/payment systems, while growth opportunities include improving contactless transactions and online systems.

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    Business Model Canvas

    Uploaded by

    Giselle R Ranchez
    231 views2 pages
    The document describes a proposed Expressway Access Card (EAC) that would be embedded in driver's licenses as an RFID chip. This would allow for contactless toll payments on expressways and monthly billing. Revenue would come from application fees and renewal fees. The value lies in treating toll expenses as a monthly utility and enabling cashless, faster transactions. Investment is needed to collaborate with government agencies and improve the driver's license/payment systems, while growth opportunities include improving contactless transactions and online systems.

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    The document describes a proposed Expressway Access Card (EAC) that would be embedded in driver's licenses as an RFID chip. This would allow for contactless toll payments on expressways and monthly billing. Revenue would come from application fees and renewal fees. The value lies in treating toll expenses as a monthly utility and enabling cashless, faster transactions. Investment is needed to collaborate with government agencies and improve the driver's license/payment systems, while growth opportunities include improving contactless transactions and online systems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    231 views2 pages

    Business Model Canvas

    Uploaded by

    Giselle R Ranchez
    The document describes a proposed Expressway Access Card (EAC) that would be embedded in driver's licenses as an RFID chip. This would allow for contactless toll payments on expressways and monthly billing. Revenue would come from application fees and renewal fees. The value lies in treating toll expenses as a monthly utility and enabling cashless, faster transactions. Investment is needed to collaborate with government agencies and improve the driver's license/payment systems, while growth opportunities include improving contactless transactions and online systems.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Business Model Canvas

    Description Revenue Streams

    Expressway Access Card (EAC) is a card to be used in toll gates  Easier and faster cashless transactions on all expressways
    for easy access and easy transactions. It’s a one-tap card (i.e. SCTEX, MCX, Cavitex, all NLEX toll gates, SLEX,
    embedded in the driver’s license that would credit electronic TPLEX, STAR tollway and NAIAX) by making the
    transactions and send monthly billing payment. driver’s license an RFID
     To be able to bring more convenience to the drivers by
    monthly billing payable in stores like 711, Bayad Centers,
    in any bank, PayMaya, LBC and designated gasoline
    stations.

    Customer Customer Our Solution Our Value Our Pricing


    Targets Challenges

     Professional  The need to pay  RFID and its  Treating toll  For application
    licensed drivers for the features are gates expenses (student permit),
     Non- separated card already as monthly a choice to
    Professional of the existing embedded on the utility choose an RFID
    licensed drivers RFID system. driver’s license (functional would be
     Passengers  No electronic  Electronic receipt rather than available. The
    receipt is issued attractive) original cost of
     The existing whenever expenses 320php would
    RFID system transactions have  Cashless, faster yield an increase
    needs to be been done in transactions with of another
    reloaded once order to keep e-receipt 200php.
    you have 0 track of payables accessible
    balance. in the end of the
    month (no need anytime and  Same additional
    for “reloadable”) anywhere. charges would go
    for renewals
     E-receipts would
    be sent to the
    specified contact
    number/email
    address (hence,
    free)

    Our Messaging Go-to-Market

    Online transactions, bank, Bayad Centers etc. would be


    PASS THROUGH NOW, PAY LATER. channels to gain access to the market as well as the
    application (LTO) for driver’s license that gives option
    for the applicant to avail of such services.

    Investment Required Growth Opportunity

     Long-term work and collaboration with the National  Improvement on contactless transactions
    Retail Payment System Program of the Bangko Sentral  Efficiency of online transactions (notification system, e-
    ng Pilipinas (BSP) as well as the Land Transportation receipt)
    Office.  Continuous collaboration with major corporations
     Improvement of the design and online systems of the handling the expressway toll gates
    driver’s license acting as an RFID that could record and  Continuous innovation and maintenance for easy access
    notify the driver of monthly payables. and transactions.

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