The E-ticketing system will eventually have a tap on tap off system.
This would mean that the drivers do not have to press the stages and the passengers just have to tap on when they get on the bus and tap off when they get off.
The money will then be deducted from the card.
Acting Prime Minister Aiyaz Sayed-Khaiyum says this will be done after the GPS plotting is done by the Land Transport Authority.
Sayed-Khaiyum says by Monday, the government will announce the committee that will review the bus fares with a view to looking at a reduction.
The aim is to announce the new bus fares in the new year.
