Paytm launches transit card for metro, bus, rail payments
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Digital payments major, Paytm, has launched a ‘transit card’ through its payments bank subsidiary for metro, bus, rail, and parking payments. The company said that the first phase of rollout is being launched in collaboration with Hyderabad Metro Rail, Ahmedabad Metro and the Delhi Airport Express Line, where users can leverage the power of seamless transactions. Under the initiative, the company said that it offers the National Common Mobility Card (NCMC) interoperable physical mobility card, which drives the government’s One Nation, One Card initiative.