NDTV-Mastercard Cashless Bano India

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Delhi Metro commuters can wear their smart cards on wrists as the Delhi Metro Rail Corporation (DMRC) tied up with the Austrian company LAKS to launch wrist watches with rechargeable smart cards. Along with the ease of use, this new technology will provide commuters a more convenient and fast access to the Delhi Metro network. It just saves the time spent queuing up and the hassle of fumbling for cash, cards or mobile phones.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Delhi Metro commuters can wear their smart cards on wrists as the Delhi Metro Rail Corporation (DMRC) tied up with the Austrian company LAKS to launch wrist watches with rechargeable smart cards. It provides commuters with a fast and convenient alternative to tickets and cash.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

To enable this watch to let you pay for a Delhi Metro ride, all a user need to do is insert the SIM Card (or Watch Card) into the watch as per the instructions illustrated on the card that holds the SIM.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Notably, the SIM or Watch Card can be removed and reinserted from the watch using a simple "Slide in System".

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Once your watch is ready, you will simply have to touch the wrist watch to the screens of the AFC (Automatic Fare Collection) gates at the metro stations to get access.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Recharging this SIM Card is also very easy. It can be recharged like any usual metro smart card over the counter or through recharge card terminals. To recharge, a commuter needs to give the unique SIM number '71500111' (as seen on the Sim Card in this image) to Delhi Metro official who recharges the smart cards or add the number in the recharge card terminal to recharge.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

However, to check the balance of the SIM Card, a commuter would need to check with the Delhi Metro's customer care executive available at the counter as the Ticket Reader cum Add Value Machines weren't able to detect the SIM.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

The innovative watch priced at just under Rs 3000 (Rs. 2999/-), will be available through an online e-commerce site. However, based on your requirement, other watches in higher price range are also available.

In Pics: Smart Watch That Lets You Pay For A Delhi Metro Ride

Certified for contactless payment, Watch2Pay, which is available in various styles, is an analogue watch in which the Near Field Communications (NFC) functionality, access or payment card works independently. No battery is needed, no unwanted tracking is possible, thus giving full privacy to the user.

About The Campaign

About The Campaign

NDTV along with Mastercard is launching a multi-platform campaign “Cashless Bano India”, to create digital awareness and educate the masses about digital payment solutions for day to day transactions.

The campaign aims to take the message of a cash free India to the country, and will charter a blue print which can help all stakeholders to become a part of the digital revolution.

We aim to reach out to people and educate them on:

1) Digital and financial literacy

2) New generation digital payment solutions

3) Enabling merchants and consumers to understand and adopt secured and safe payment Solutions

4) Ease of usage at point of sales

Quote-Unquote

More
  • Amitabh Kant
    In the next 3 to 4 years, India will technologically leap forward. Every person with a mobile will become a walking ATMAmitabh KantCEO, NITI Aayog
  • Ari Sarker
    The banking industry is going to move away from the practice of a blended merchant rate, we will have a separate cost for credit and debitAri SarkerCo-President, Asia Pacific, Mastercard
  • Sunil Mehta
    Security is an ongoing process. Nothing can be absolutely secure. We need to solve problems on an everyday basisSunil MehtaMD and CEO, Punjab National Bank
  • Praveen Khandelwal
    There should be no transaction costs on merchants or consumers. This should be covered by government subsidiesPraveen KhandelwalGeneral Secretary, The Confederation of All India Traders
  • Dr Arvind Virmani
    At least for the next 5 years or so, cellphones would be the best medium to reach people throughDr Arvind VirmaniPresident, Forum for Strategic Initiatives and Former Chief Economic Advisor