Oriental Bank of Commerce launched its RuPay-National Common Mobility Card (NCMC) on 19th February ’2019 i.e. on the occasion of its foundation day.
Oriental Bank of Commerce RUPAY - NCMC offers the additional feature of offline transactions for low value payments at a faster speed with near zero declines. This card may be used for all payment applications (low value as well as high value) including transit, retail, toll, parking and smart cities
Multi-Modal Transit :
RuPay - NCMCs may be used across all transit modes including Metros, buses, ferries, suburban railways etc. A citizen would not be required to be dependent on cash or operator specific various closed loop cards. He can use one card for fare payment across any mode of public transport.
There are significant numbers of customers using cash lane at the toll plaza and making payment in cash. With the help of RuPay - NCMC, a citizen may pay the toll charges at toll booths by simply tap & pay. This will help to achieve higher digital penetration in toll segment for customers using cash lane.
A citizen may use the RuPay - NCMCs at parking zones for making payments of parking charges. This will help to reduce the transaction time and increase the digital payments penetration.
Smart Cities :
Digital payments play a vital roles in smart cities projects. A common card payment system is the key proposition of smart cities to enable usage of one card for all sorts of payments including transit, civic as well as non-civic payments in the cities. RuPay – NCMCs offer the unique proposition for Common Card Payment System of smart cities.
RuPay - NCMCs may be used in contact as well as contactless mode for retail payments. The customer may use this card for low value payments as well as high value payments. As per RBI existing norms, 2nd factor authorization is not required for transaction below INR 2000. For such payments, the customer may make the payment by simply tap & pay.
How to Apply?
The request for NCMC cards can be lodged through branch. One account can have maximum of 3 Debit cards linked to an account of any card variant (Visa or RuPay).