Aurionpro continues its expansion in newer markets - announces strategic deal in Maldives

SC SOFT PTE LTD, a Singapore based subsidiary of Aurionpro is pleased to be selected as the solution provider of EMV Open Loop Account Based ticketing system as part of the digitization of Transportation solutions across Maldives for the Maldives Transport Contracting Company (MTCC) (https://mtcc.mv/). SC SOFT in this project will be the technology Partner along with Bank of Maldives (BML) (https://www.bankofmaldives.com.mv/) and Mastercard (https://www.mastercard.com.sg/ensg.html) as the Financial Partners.

MTCC, through this initiative seeks to introduce contactless and digital payments on its transport network, making travelling simpler in a cost effective manner. The citizens can purchase tickets using the co-branded card issued by BML, Mobile Application or Reservation Portal for QR code ticketing.

Mr. Sanjay Bali, CEO SC Soft while making this announcement said that "We are happy to win this deal which marks our foray into Maldives. We, as technology partner, will offer contactless ticketing solutions to the citizens of Maldives, across multiple modes of transport. We are working with Mastercard on multiple deals globally and are happy with the strengthening of our partnership. This win will further cement our leadership position in the fast growing Account Based Ticketing & open loop AFC segment."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 214.45 as compared to the previous close of Rs. 223.95. The total number of shares traded during the day was 6122 in over 176 trades.

The stock hit an intraday high of Rs. 226.00 and intraday low of 212.80. The net turnover during the day was Rs. 1318642.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 TechnologyPartner SCSOFT ITSoftwareProducts MTCC Maldives BankofMaldives Mastercard