National Common Mobility Card (NCMC) “Rupay Qsparc Dual Interface Card” Payment Platforms by NPCI Number of Banks Covered So Far…… Member Banks Product/ Sr

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National Common Mobility Card (NCMC) “Rupay Qsparc Dual Interface Card” Payment Platforms by NPCI Number of Banks Covered So Far…… Member Banks Product/ Sr NCMC National Common Mobility Card (NCMC) “RuPay qSPARC Dual Interface Card” Payment Platforms by NPCI Number of Banks covered so far…… Member Banks Product/ Sr. no. Direct Sub- Total Platform Member 1 NFS 101 804 905 2 IMPS 102 137 239 3 RUPAY 98 795 893 4 CTS 266 1162 1428 5 NACH 157 1146 1303 6 APBS 142 778 920 7 AEPS 61 54 115 1300+ Unique Banks on NPCI Platform out of appx. 1700 Banks NCMC Proposition Metro Retail Shop Cab One Card Restaurants Buses Many Benefits Parking Retail Outlets ATM / Kiosk Benefit to the nation Open Low Value Standards Payment Dual Interface High Vendor Card Security Agnostic Data Inter- Stored Scalability Storage operability Value Benefit to State Transport • Common standards • Unified cards with online/offline transaction • Savings on card lifecycle management cost • Reduced cash handling & operating cost • Higher customer loyalty & stickiness • Provision for creation of Monthly session ticket in the card • Provision of issuance of tickets at concession rate • Support multiple service areas for payment and non payment capabilities Savings to PTOs & Government Existing Cost Model • Significant share of Automated Fare Collection System cost towards the total project cost (e.g. 2-4% in case of metro rail system) • Fare collection contributes around 4-5% of OPEX • Risk of cash handling, revenue leakages and manpower management Savings to PTOs and Government with NCMC • Standardized transaction processing cost to Financial Institutions • Reduced fare collection cost contribution towards OPEX • Simplified revenue handling with minimal pilferage • Predictable and regulated Intermodal settlements through NPCI • Better accountability and increased transparency of the system • Time to market for Interoperable Fare Management System • Digital trail for all transactions NCMC Live Projects BMTC KMRL Ahmedabad Smart City Product Offered The Smartcard card has the Kochi One card is a This card is to be used functionality of carrying both multipurpose, prepaid for fare payment at the E-Purse & Pass in one contactless Rupay card BRTS, city bus services single card. which can be used to and other utilities travel in metro and also payments in addition to like normal debit card. day to day retail payments. Banking Partner Axis Bank Axis Bank ICICI Bank Use cases Ticketing and Retail purchase Ticketing and Retail Transit, Utility Services transactions purchase transactions & Smart City Issuance process flow Online Purchase(Contact & Contactless) Authentication Request to issuer Tap the card Card returned Approval for for transaction into POS transaction to NPCI Approval for transaction and updates balance on card Approval to acquirer Transaction goes to Send transaction to NPCI acquirer switch Purchase transaction Offline Purchase(contactless) • Offline contactless transactions up to a threshold of Rs 2000 or a limit set by the issuing bank, whichever is lower • The offline contactless transactions shall not need online authorization from the issuer host and will not require the customer to enter a PIN. • Contactless transactions above the bank’s threshold and up to Rs 2000 shall require a PIN, while transactions above Rs 2000 shall be mandatorily conducted over the contact interface. Money Add Authentication Request to issuer Makes the Card returned Approval for payment to transaction to NPCI Merchant for Add Money Approval to POS for writing balance on card Approval to acquirer Transaction goes to Send transaction to NPCI acquirer switch Acquirer Card tap into POS and perform a money add transaction Service Creation Authentication Request to issuer Card to merchant Card returned Approval for service for service area with service area creation to NPCI creation . creation request Approval for creation and service is created Approval to acquirer Transaction goes to Send transaction to NPCI acquirer switch Service creation transaction Process involved for adopting NCMC • Identify the issuers (banks to issue the cards ) • Select the acquirer(s) (SRTU can identify single/multiple acquirers. • Negotiate commercial terms with the acquirers • Provide the electronic ticketing machine to the conductor • Create an Automated Fare Collection system ( preferably centralized) • Create a settlement and reconciliation system ( preferably centralized) • Setup a dispute management/Grievance redressal system ( preferably centralized) NPCI aims to touch every Indian by with one or the other electronic payment product and support the RBI’s vision of a “Less Cash” society..
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