MAINAMATI MAITREE EXERCISE 2019 CONCLUDED BETWEEN INDIAN BSF AND BGB NATIONAL COMMON MOBILITY CARD

GS 3: Economy | Infrastructure: Energy, Ports, Roads, Airports, and Railways etc.

Why in News?

The Indigenous Automatic Fare Collection (AFC) System based on One Nation One Card Model I.e. National Common Mobility Card (NCMC) is the first of its kind in India.

Objectives:

• To develop the vendor agnostic interoperable ecosystem for NCMC
• Indigenous AFC System
• Banking interface

National Common Mobility Card:

  • These are bank issued cards on Debit/Credit/Prepaid card product platform.
  • The customer 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.
  • The service area feature of this card supports operator specific applications e.g. monthly passes, season tickets etc.
  • It is developed by National Payment Corporation of India in association with the Ministry of Housing & Urban Affairs (MoHUA).
  • India’s First Indigenously Developed Payment Eco-system for transport consisting of NCMC Card, SWEEKAR (Swachalit Kiraya: Automatic Fare Collection System) and SWAGAT (Swachalit Gate) is based on NCMC Standards
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