Ahmedabad: In a first, Prime Minister Narendra Modi launched the National Common Mobility Card (NCMC) to enable seamless travel by different metros and other transport systems across the country.
The customers may use this single card for payments across all segments including metro, bus, suburban railways, toll, parking, smart city and, retail. The stored value on card supports offline transaction across all travel needs with minimal financial risk to involved stakeholders.
Based on One Nation, One Card model, NCMC would enable seamless travel by different metros and other transport systems across the country besides retail shopping. It will address the challenges associated with the cash payment e.g. cash handling, revenue leakages, cash reconciliation etc.
India’s first indigenously developed payment system for transport consisting of NCMC Card, Sweekar (SwachalitKiraya: Automatic Fare Collection System) and Swagat (Swachalit Gate) is based on NCMC Standards.
The card is likely to address the challenges associated with the cash payment e.g. cash handling, revenue leakages, cash reconciliation etc.
[source_without_link]ANI[/source_without_link]