Paycraft will be managing the end-to-end NCMC Card ticketing system for Chennai Metro.
This will be a second Ticketing System Launch by Paycraft within a year after successful launch of Pune Metro.
The Digital Smart Card Ticketing Solution for Chennai Metro includes:
Automated Fare Collection System which will allow a NCMC Open Loop Card issued by any Bank in India to be accepted at all the Chennai Metro Gates.
NCMC compliant card known as SINGARA Chennai Card issued on Paycraft’s Ticketing and Payments Platform. These cards are based on NCMC specifications of NPCI and can be used at all stations of Chennai Metro for seamless Travel.
Ambarish Parekh, CEO, Paycraft said in a statement: We are proud to be a part of Chennai Metro to facilitate seamless travel of Chennai Citizens for their daily commute. We are happy to partner with CMRL for upgrading the existing closed loop Automatic Fare Collection system to EMV/NCMC based open loop AFC system.”We would also like to thank State Bank of India, our Banking Partner, in this project for all the support provided in implementation of NCMC Open loop SINGARA CHENNAI CARD.
Yogesh Shetye, President Paycraft said: “This is a great step towards a true Interoperability for transit in India.”
PayCraft is a Fintech Payments Company founded in 2013 with an aim to enable and ease Urban Mobility. A home grown MSME, it has a track record of multiple successful NCMC implementations across India for Offline / Contactless payments. PayCraft works very closely with the global card networks for enabling EMV and NCMC Open Loop Payment Systems in Transit and Urban Mobility in India.
