On 1.09.2015, the Ministry of Urban Development has issued a notification that it has come out with a Smart National Common Mobility Card (NCMC) model to enable seamless travel by different metros and other transport systems across the country besides retail shopping and purchases. Shri M. Venkaiah Naidu, Minister of Urban Development, has approved the ‘EMV Open Loop Card with stored value’ in this regard. This card meets travel needs based on stored value of money and can be used for traveling by any means of transport and also enables account based retail applications. Accordingly, this card does away with the need for carrying separate cards for banking and transit requirements. The Ministry has decided to task the National Payments Corporation of
Shri Venkaiah Naidu has directed the ministry officials to ensure time bound and coordinated progress in this regard by various agencies so as to enable early introduction of Smart Mobility Cards and also to inform the States of this initiative for taking appropriate action for integration of other systems with the new smart card.
– Ministry of Urban Development