EbixCash & MSRTC Hit 1 Crore NCMC Card Registrations
Ebix Limited, through its payments arm EbixCash, and the Maharashtra State Road Transport Corporation (MSRTC) have achieved a significant milestone in their National Common Mobility Card (NCMC) partnership. As of August 12, 2026, the program has surpassed 1 crore card registrations and nearly 66 lakhs activated cards. This NCMC card facilitates contactless payments for MSRTC commuters, offering a digital alternative to cash. EbixCash provides the underlying technology and payment infrastructure, including card issuance, activation, top-ups, and transaction processing. This achievement underscores EbixCash's expanding footprint in public transit payments and its commitment to India's digital payments and smart mobility vision.
Key Highlights
- EbixCash and MSRTC partnership reaches 1 crore NCMC card registrations.
- Contactless transit payments are scaling across Maharashtra's public transport.
- NCMC cards offer interoperable, contactless payment solutions for commuters.
- EbixCash provides technology and payment infrastructure for the program.
- Milestone aligns with India's digital payments and smart mobility goals.
Price Impact
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