Paycraft, Digital financial services firm, has become the official ticketing service provider to Chennai Metro Rail for launch of SINGARA Chennai card on Friday.
In a tweet, Paycraft said, "PayCraft along with its banking partner State Bank of India is proud to be associated as Official Ticketing Service Provider to Chennai Metro for the SINGARA Chennai One City One Card."
The company aims to provide seamless travel for passengers.
ALSO READ: Fugitive Mehul Choksi Wins Big, Now Can't Be Removed From Antigua And Barbuda Without Court Order
Paycraft already launched the service in Pune Metro.
Paycraft has enabled ticketing and payment product that would allow commuters to purchase tickets using QR code. The company would manage the end-to-end National Common Mobility Card (NCMC) ticketing facility for Chennai Metro under the tie-up, a press release issued by Paycraft said.
The NCMC is an inter-operable transport card conceived by the Union government's Ministry of Housing and Urban Affairs.
The automated fare collection system allows an NCMC Open Loop Card issued by any bank to be accepted at the gates of the Chennai Metro. "We are happy to partner with CMRL for upgrading the existing closed-loop Automatic Fare Collection System to the NCMC-based open loop automatic fare collection system," Paycraft CEO Ambarish said, adding that the company was "proud" to be the Official Ticketing Service Provider to Chennai metro for the SINGARA Chennai One City One Card.
"We would also like to thank State Bank of India, our banking partner in this project, for all the support provided in the implementation of the NCMC Open Loop SINGARA Chennai Card," Ambarish said.
(With PTI inputs)