National Common Mobility Card launched | Current Affairs, Current Affairs 2019

National Common Mobility Card launched

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Prime Minister Narendra Modi has inaugurated a payment card which can be used to pay transport charges across the country. Titled as National Common Mobility Card (NCMC), it is the country’s first endogenously developed payment system for transport.

The National Common Mobility Card (NCMC) is a bank-issued debit, credit or prepaid card which can be used for payments for all transport facilities 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. Speaking at the inauguration, PM Modi said, ‘This card runs on RuPay card and it will eliminate all your travel related problems. Many a times, we do not have change to pay in cash while travelling in metro, bus or train, or for toll and parking. To overcome this issue, an automatic fare collection system was introduced’.

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