The Bank of Baroda has launched the National Common Mobility Card (NCMC) RuPay reloadable prepaid card. This development aligns with the government’s “One Nation, One Card” initiative, aiming to streamline payment methods across various transport systems.
The NCMC RuPay Platinum EMV chip-enabled contactless prepaid card, introduced by the Bank of Baroda, is a versatile, nationwide transport card. It promises to simplify payments for various transportation modes including Metro, buses, trains, cabs, ferries, tolls, and parking. Moreover, this card is not just limited to transport payments; it also facilitates everyday transactions like ATM cash withdrawals and purchases via point-of-sale (POS) and e-commerce platforms.
It can be availed by both customers and non-customers at Bank of Baroda branches and will be immediately activated for real-time use. It supports both online transactions as well as offline transactions at NCMC-specific terminals, the public sector bank said in a statement.
The maximum online wallet balance allowed is Rs 1,00,000 and the maximum offline wallet balance allowed is Rs 2,000 at any time.
Cardholders have the option to add funds to their online wallet via a specific portal provided by the bank. The offline wallet can be topped up at specified NCMC terminal locations in transit areas. This wallet is compatible with all RuPay e-commerce platforms, point-of-sale terminals, and ATMs. Cardholders will be notified of transactions via text messages sent to their registered mobile number.