Paytm Payments Bank Launches Paytm Transit Card; check features

Paytm Payments Bank Limited, owned by One97 Communications Limited, today announced its partnership with Mumbai Metro One Private Limited (MMOPL) to launch Paytm Transit Card, which will allow users to travel on metro, buses and trains, as well than making offline and online payments. stores.

This card can also be used to pay parking fees and at toll booths.

The card complies with the National Common Mobility Card (NCMC) of the Government of India. Launched in 2019, the one-stop solution card aims to help users pay for travel, tolls, retail purchases and withdraw cash.

Commenting on the development, the Paytm Payments Bank spokesperson said, “We are delighted to partner with Mumbai Metro One Private Limited to launch the Paytm transport card in the city. The all-in-one NCMC card will add unparalleled convenience to the lives of Mumbaikars who can use it for all their daily travel needs.

Mumbai Metro One Private Limited (MMOPL) spokesperson said it expects this card to be used by all travelers and “to become very popular among Mumbaikars” who transact digitally.

To avail this facility, all the user has to do is apply for the Paytm transit card online. The whole process is done digitally. After a successful application, users will have the option of having the card delivered to their doorstep or purchasing it from designated outlets.

Moreover, all recharges and transactions can also be tracked online as the prepaid card is directly linked to the Paytm wallet where users can simply recharge the wallet to use the transit card and do not need to create a separate account.

Paytm Transit Card is PPBL’s second product in the transit category after FASTags. Last year, the Vijay Shekhar Sharma-led company saw the deployment of over 1 crore FASTags.

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