Mumbai:State Bank of India has launched its ‘Nation First Transit Card’, a RuPay prepaid instrument under the National Common Mobility Card (NCMC) that can be used nationwide.
The card can be obtained nationwide for digital ticketing fare payments in metro, buses, water ferries, and parking lots. Several retailers and e-commerce sites have also started accepting payments using the card.
“The Nation First Transit Card powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionize the commuting experience and is aligned with the national vision of “One Nation One Card,” said Dinesh Khara, chairman, launching the card at the Global Fintech Fest in Mumbai.
SBI already issues NCMC cards in partnership with local transit entities. These include the “City1 Card”, “Nagpur Metro MAHA Card”, “MUMBAI1 Card”, “GoSmart Card” and “Singara Chennai Card” in Noida Metro, Nagpur Metro, MMRDA Metro Lines 2A & 7, Kanpur Metro and Chennai Metro respectively.
While the existing cards are interoperable across transport networks, their issuance is limited because of the co-branding with the local metro and most are issued at the metro ticket windows.
The National First Transit Card is a generic NCMC card that customers can obtain from SBI branches or apply online in the future. SBI is also implementing NCMC-based ticketing solutions in the upcoming Mumbai’s underground, Metro Line 3 and Agra Metro.
Earlier, Paytm had also issued its own Paytm Transit Card on the NCMC platform.
