AGS Transact Technologies Limited — Important, 21-10-2024: Updates

AGS Transact Technologies has launched zero-KYC National Common Mobility Cards (NCMC) for Bengaluru Metro Rail Corporation, enhancing commuter experiences. This initiative allows for quicker card issuance without full KYC verification, enabling top-ups up to INR 2,000. Since the beginning of their partnership with RBL Bank in March 2023, over 57,000 NCMCs have been issued. The zero-KYC NCMC supports the Government's vision of a unified transportation system, simplifying payments across various transport modes.