"The commuter 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," said a Delhi Metro Rail Corporation (DMRC) statement.
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.
As an Austrian company, we are very proud of this cooperation, which confirms the strong trend seen towards a contactless society in a dynamic country like India, said Lucas Alexander Karl Scheybal, Designer and CEO.
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, all while educating them on the ways and means to do it.
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