Stock Report

SC Soft proud to partner with the Monterey-Salinas Transit



Posted On : 2021-05-12 09:42:00( TIMEZONE : IST )

SC Soft proud to partner with the Monterey-Salinas Transit

Monterey-Salinas Transit (MST) announced today that it becomes the first transit agency in California to offer contactless ticketing option to its passengers. MST riders can now simply tap their contactless credit, debit, prepaid card or payment-enabled devices such as NFC enabled mobile devices, Wearables etc., on readers in MST buses for an easy and secure travelling, without needing to purchase or load a separate transit card or handle cash while boarding. The tap to pay option on MST's entire bus fleet is the first contactless payment demonstration of the California Integrated Travel Project (Cal-ITP), a Caltrans-led initiative to make travel simpler and more cost-effective for the 40 million California residents.

SC Soft Pte Ltd., an Aurionpro subsidiary, is amongst the key partners of MST in this project. SC Soft's modern state of the art AFC systems support all fare media and payment methods including closed loop systems (smart cards), open loop systems and payments (contactless EMV) and mobile apps for payments, top ups and ticketing.

Mr. Sanjay Bali, CEO SC Soft, while commenting on this success, said that "we are proud to be part of this achievement as this is a strategic deal for us which marks our foray into the USA market. The successful implementation of the open loop ticketing system at MST will firmly establish us as a key player alongwith our partners in the growing USA market for smart AFC Solutions. The contactless technologies are being adopted fast in the post pandemic world and we are hopeful of more such successes in the future."

Shares of AURIONPRO SOLUTIONS LTD. was last trading in BSE at Rs.161.6 as compared to the previous close of Rs. 164.6. The total number of shares traded during the day was 13145 in over 988 trades.

The stock hit an intraday high of Rs. 165.75 and intraday low of 160.55. The net turnover during the day was Rs. 2139205.

Source : Equity Bulls

Keywords