The Transport Department is all set to introduce smart cards in a few months with the aim to offer commuters a common facility - a one-stop solution for payment to transport corporations, metro rail and retail services. The department has brought on board National Payments Corporation of India, or NPCI, an umbrella organisation for operating retail payments and settlements, an initiative of RBI and Indian Banks` Association.
A team of senior officials from SETC, MTC and Pallavan Transport Consultancy Services, visited Ahmedabad BRTS, Kochi Metro Rail and Bengaluru Metropolitan Transport Corporation last week to study the aspects of smart card functionalities and technologies to suit the needs of state transport undertakings.
According to a senior official, The state preferred open loop since it could be used for transit and non-transit payments too. In that case, we feel all banks come on board because it is ultimately a simple payment solution.