AGS Transact Technologies Ltd powers prepaid Rupay card issued by RBL Bank for Bangalore Metro Rail Corporation Limited

AGS Transact Technologies Limited (BSE: 543451 & NSE: AGSTRA), one of the largest integrated omni-channel payment solutions providers in India, has announced that it has powered the RuPay National Common Mobility Card (open-loop card) issued by RBL Bank for Bangalore Metro Rail Corporation (BMRCL).

This National Common Mobility Card (NCMC) is an interoperable prepaid Rupay card which commuters can use to access metro services in Bengaluru and other NCMC enabled metro stations in the country. Additionally, this NCMC card can be used for making various payments including retail, fuel, toll & parking as well as offline contactless transactions of low value. In due course of time, NCMC cards will also allow users to make payments at other mobility services like bus, suburban railways etc.

AGS Transact Technologies, which provides digital and cash-based solutions to banks and corporate clients, has provided and is managing this complete solution on behalf of RBL Bank.

Shares of AGS Transact Technologies Ltd was last trading in BSE at Rs. 45.97 as compared to the previous close of Rs. 45.20. The total number of shares traded during the day was 203373 in over 1144 trades.

The stock hit an intraday high of Rs. 48.43 and intraday low of 44.86. The net turnover during the day was Rs. 9400491.00.

Source : Equity Bulls

Keywords

AGSTransactTechnologies RuPayNationalCommonMobilityCard RBLBank BangaloreMetroRailCorporation