The National Payments Corporation of India (NPCI) has launched Janmitra RuPay contactless cards in association with the Ahmedabad Municipal Corporation (AMC) and ICICI Bank for Ahmedabad Smart City. With this, Ahmedabad will be the third city in India to go live on RuPay contactless after Kochi and Bengaluru.
RuPay contactless card is an interoperable, open-loop EMV-based contactless product. These cards are designed in line with the National Common Mobility Card (NCMC) guidelines as envisioned by the Ministry of Urban Development (MoUD).
According to AP Hota, Managing Director and Chief Executive Officer, NPCI, “the launch of RuPay contactless cards are aimed at digitising micropayments rapidly. RuPay’s association with AMC, Bangalore Metropolitan Transport Corporation (BMTC) and Kochi Metro Rail Ltd (KMRL) are big steps towards this direction.”
BMTC and KMRL partnered with Axis Bank to launch RuPay contactless cards on June 17, 2017. Any amount can be added or transferred to the card through various payment modes such as cash and internet banking. It can be used at different acceptance points in both contact and contactless mode.
For payments lower than Rs 2,000, customers can simply tap their card and the transactions are processed in a matter of seconds. No second factor authorisation is needed through PIN as per the Reserve Bank of India (RBI) guidelines.
NPCI plans to launch many more such transit and smart city projects on the RuPay contactless programme along with banks to facilitate ‘One Card for All Payments’ across the country. This advanced and secure contactless card can be used for all payment applications, including transport (city buses, BRTS etc.), toll, parking, municipal payments, utility payments and retail.