Latest news with #ElectronicTicketingMachines
The Print
23-07-2025
- Business
- The Print
Ebix Tech secures Rs 140 crore contract from Maharashtra Transport Corp
In November 2022, the company was awarded a contract to supply and maintain 38,622 Android-based Electronic Ticketing Machines (ETMs) integrated with an online reservation system. Once fully operational, the project is expected to clock transactional volumes to the tune of Rs 2,000 crore annually, boosting the entity's digital transaction ecosystem and passenger convenience, Ebix Technologies Limited, earlier known as EbixCash, said in a statement. Mumbai, Jul 22 (PTI) Ebix Technologies, Indian subsidiary of Eraaya Lifespaces, on Tuesday announced securing a Rs 140 crore contract from Maharashtra State Road Transport Corporation for the first state-wide rollout of the National Common Mobility Card for concessionaires in India. This mandate has successfully facilitated the issuance of approximately 220 crore passenger tickets in the past two years, Ebix Technologies said, adding that this network spans MSRTC's fleet of over 16,000 buses, serving more than 13 crore passengers monthly across urban and rural Maharashtra. The newly-awarded National Common Mobility Card (NCMC) programme expands this partnership with a focus on smart and interoperable payments that will revolutionise how millions travel daily, it said. Spearheaded by the National Payments Corporation of India (NPCI) in collaboration with the Ministry of Housing and Urban Affairs, the initiative enables passengers to use a single smartcard across multiple transport modes, creating a truly integrated mobility ecosystem, Ebix said. 'With the NCMC rollout, we are not just introducing another payment method. We are fundamentally reimagining how citizens experience everyday travel across Maharashtra,' a company spokesperson said. The project includes mandatory adoption of the NCMC smartcard for all concessional passengers and pass holders on MSRTC buses, with optional availability for regular passengers, a minimum business assurance of 70 lakh NCMC cards to be sold in the first year alone, scaling to over 2 crore cards issued statewide through a network of 3,000 dedicated retail outlets established by Ebix Technologies, among others. PTI IAS BAL BAL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
22-07-2025
- Business
- Business Standard
Ebix Tech secures ₹140 crore contract from Maharashtra Transport Corp
Ebix Technologies, Indian subsidiary of Eraaya Lifespaces, on Tuesday announced securing a ₹140 crore contract from Maharashtra State Road Transport Corporation for the first state-wide rollout of the National Common Mobility Card for concessionaires in India. Once fully operational, the project is expected to clock transactional volumes to the tune of ₹2,000 crore annually, boosting the entity's digital transaction ecosystem and passenger convenience, Ebix Technologies Limited, earlier known as EbixCash, said in a statement. In November 2022, the company was awarded a contract to supply and maintain 38,622 Android-based Electronic Ticketing Machines (ETMs) integrated with an online reservation system. This mandate has successfully facilitated the issuance of approximately 220 crore passenger tickets in the past two years, Ebix Technologies said, adding that this network spans MSRTC's fleet of over 16,000 buses, serving more than 13 crore passengers monthly across urban and rural Maharashtra. The newly-awarded National Common Mobility Card (NCMC) programme expands this partnership with a focus on smart and interoperable payments that will revolutionise how millions travel daily, it said. Spearheaded by the National Payments Corporation of India (NPCI) in collaboration with the Ministry of Housing and Urban Affairs, the initiative enables passengers to use a single smartcard across multiple transport modes, creating a truly integrated mobility ecosystem, Ebix said. "With the NCMC rollout, we are not just introducing another payment method. We are fundamentally reimagining how citizens experience everyday travel across Maharashtra," a company spokesperson said. The project includes mandatory adoption of the NCMC smartcard for all concessional passengers and pass holders on MSRTC buses, with optional availability for regular passengers, a minimum business assurance of 70 lakh NCMC cards to be sold in the first year alone, scaling to over 2 crore cards issued statewide through a network of 3,000 dedicated retail outlets established by Ebix Technologies, among others.
Indian Express
10-07-2025
- Business
- Indian Express
Bengaluru's public transport gets digital boost with ONDC integration for metro, bus ticketing
After the integration of Bengaluru metro and bus services with the Open Network for Digital Commerce (ONDC) on Thursday, commuters in the IT capital can now book QR-code-based tickets for metro and bus rides through multiple mobile apps. The tickets can be bought on popular apps, such as Rapido, Namma Yatri, Tummoc, RedBus, EaseMyTrip, Highway Delite, OneTicket, and Yatri City Travel Guide, among others. Till now, metro tickets could be booked online only through the Namma Metro mobile app, Paytm, and WhatsApp chatbot. While launching the new services, Karnataka IT Minister Priyank Kharge described the move as a 'significant leap toward inclusive and interoperable mobility solutions.' 'This initiative not only makes public transport more accessible but also promotes the use of digital platforms for daily commuting. Bengaluru is one of the fastest-growing cities in the world. To achieve our vision of 70 per cent public transport share by 2030, we need a combination of robust infrastructure, digital integration, and open data,' he added. BMTC Managing Director Ramachandran R noted that the corporation is working towards adopting open-source data with real-time updates. 'On June 21, BMTC served over 46 lakh passengers in a single day. To manage this growing demand, we must embrace open, real-time data and develop commuter-friendly digital platforms,' he said. He added, 'We are working on introducing both closed-loop and open-loop cards for our services. Plans are underway to roll out Smart Shakti Cards in the coming year, which will be compatible with RuPay, Mastercard, and Visa – allowing all major credit and debit cards to be used on our Electronic Ticketing Machines (ETMs).' Ramachandran further stated, 'Additionally, we are looking to implement an Automatic Passenger Counting (APC) system integrated with an Automatic Fare Collection (AFC) system. This is aimed at addressing the high operational costs and moving towards a conductor-less transit model within the city.' M Maheshwar Rao, Managing Director, BMRCL, called the integration with ONDC a critical step for simplifying multimodal journeys. 'With auto and cab services already available on ONDC, the addition of metro ticketing creates a more unified travel ecosystem. Our aim is to ensure that commuters can book their entire trip – from doorstep to destination – seamlessly using a single app,' Rao said. At the event, two mobility apps – Namma Yatri and Tummoc – also unveiled new features as part of the Enroute Challenge, an urban mobility innovation competition supported by Mercedes-Benz Research and Development India (MBRDI), WRI India, and Villgro. These apps now offer end-to-end trip planning across metro, bus, and auto-rickshaw services using open data provided by Bangalore Metro Rail Corporation Limited (BMRCL) and Bengaluru Metropolitan Transport Corporation (BMTC). Through these apps, commuters can view live bus and metro schedules, receive trip recommendations, and book auto-rickshaws for first- and last-mile connectivity, all within a single interface. Both apps also provide real-time alerts and estimated trip costs.
