Urban Development ministry launches common model card for use in metros and transport systems

News:

• The ministry of Urban Development has launched a Smart National Common Mobility Card (NCMC) (NCMC) model to enable seamless travel by different metros and other transportation systems across the country besides being used for shopping as well.
• The government had earlier tied a similar model but had not succeeded.
• After than Naidu had set up a committee to find an inter-operable mobility card that can be used across different transport systems in the country and which can also be used as a credit/debit card as well.
• This Committee had representatives of National Informatics Centre (NIC), Centre for Development of Advance Computing (C-DAC), Bureau of Indian Standards, National Payment Corporation of India, and the Ministry of Finance.
• This Smart Common Mobility Payment Card addresses the deficiencies associated with other cards being used in Singapore and other countries.
• This card meets travel needs based on stored value of money and can be used for travelling by any means of transport and also enables account based retail applications. ‘
• Accordingly, this card does away with the need for carrying separate cards for banking and transit requirements.
• The Urban Development Ministry has decided to task the National Payments Corporation of India with indigenous development and management of clearing and settlement of payments, simulating cards, terminals and network, a support base of vendors for providing certified tools, cards, terminals and other services, in line with the ‘Make in India’ initiative.
  Source: ET