Axis Bank, Kochi Metro launches India’s first single-wallet contactless, Open Loop Metro Card

Posted on:22 Jun 2017 14:19:25
Axis Bank, Kochi Metro launches India’s first single-wallet contactless, Open Loop Metro Card
22 June 2017 Current Affairs:

  • Axis Bank, India's third largest private sector bank in association with Kochi Metro Rail Corporation (KMRL)  launched KMRL Axis Bank 'Kochi1' Card, India's first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi.

  • Axis Bank has partnered with National Payments Corporation of India (NPCI) in developing this transit EMV contactless specification on interoperable open standards.


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