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Tag: Mobility

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AGS Transact Introduces Zero-KYC National Common Mobility Cards for Bengaluru Metro

Oct 22, 2024 by Sujata 0 Comments #Common, #Mobility

Bengaluru, October 22, 2024: AGS Transact Technologies Limited (BSE: 543451 & NSE: AGSTRA), one of India’s leading integrated omnichannel payments providers, today announced that it has commenced issuance of zero-KYC National Common Mobility Card (NCMC) for Bengaluru Metro Rail Corporation, in partnership with RBL Bank. This will allow faster issuance of NCMC to the users as the card can be activated without the need for full KYC process. Commuters can top-up the zero-KYC NCMC with a maximum and use at all travel only touch points such as Metro, Bus, Water metro, Parking & Toll.

AGS Transact has been issuing NCMC at Bengaluru Metro Rail Corporation in partnership with RBL Bank since March 2023. As of today, the company has issued 57,000+ NCMCs for BMRCL.

The launch of zero-KYC NCMC is in line with the Government of India’s vision of One Card One Nation, as a key initiative that will shape the future of mobility. While current closed-loop transit cards are used for specific metro or bus services in India, NCMCs are accepted at all NCMC-enabled locations throughout the country. AGS Transact Technologies’ zero-KYC NCMC eliminates the hassle of KYC verification, offering a faster, more convenient and seamless unified payment solution across diverse transportation modes.

Mr. Ravi B Goyal, Chairman & MD, AGS Transact Technologies Ltd., said, “We are committed to playing a significant role in driving payments-as-a-convenience for our customers across sectors. We are thrilled to be supporting BMRCL in their initiative to provide hassle free and seamless commute experience. Since we first launched the NCMC in Bengaluru, we have seen tremendous commuter enthusiasm for the card due to its simple usage process and easy top-ups. We are confident that the zero-KYC NCMC, with its faster issuance, will resonate strongly with commuters, thereby increasing NCMC adoption.’’

Commuters can conveniently purchase and top up AGS Transact Technologies issued zero-KYC NCMCs from ticket counters at Bengaluru Metro stations.

business

Eaton’s Mobile Tech Day Showcases Cutting-Edge Solutions in Bangalore and other cities across Karnataka

May 30, 2024 by Sujata 0 Comments #40-foot advanced trailer, #aerospace technologies, #Eaton, #Electrical, #Electrical Sector, #Fusegear, #India, #Intelligent power management company Eaton, #medium voltage switchgear, #Mobile Tech Day 2024, #Mobility, #Mobility Group, #Power Quality, #Shailendra Shukla, #Software Solutions, #Syed Sajjadh Ali, #Traction control, #Transmission, #voltage switchgear

Bangalore, INDIA – Intelligent power management company Eaton showcased its Mobile Tech Day 2024 in Karnataka earlier this month. The roadshow aimed to exhibit Eaton’s state-of-the-art solutions in electrical, mobility, and aerospace technologies that are set to revolutionize industries. The 40-foot advanced trailer traveled the length and breadth of India, connecting Eaton’s industry experts with customers face-to-face. The trailer was stationed across Hosur, Bangalore, and Hospet in Karnataka.

This exciting journey began in April 2023, with a grand flag-off ceremony in Haryana. This unique initiative has already made its mark—covering 13 states and extending its reach to over 77 cities.

Commenting on Eaton’s portfolio of Electrical solutions, Syed Sajjadh Ali, Managing Director, Electrical Sector, India, Eaton, said, “At Eaton, we recognize the enormous potential that India holds and are eager to explore opportunities to collaborate in the country’s infrastructure and commercial growth. As a leader in electrical products, systems, and services for power quality, distribution, control, and wiring, our electrical business offers technology-driven solutions that address the critical needs of diverse markets such as industrial, utility, commercial, residential, and information technology. This Mobile Tech Day campaign brings an exciting opportunity for Eaton to showcase our industry-leading technology solutions and product offerings to customers and end-users in the region.”

Commenting on Eaton‘s Mobility portfolio, Shailendra Shukla, Managing Director, Mobility Group, India, Eaton, said, “Eaton’s power management & eMobility solutions position us as an ideal partner for leading players and vehicle OEMs in India’s focused segments, enabling their growth and success. We are also the preferred choice for the aftermarket space, and we partner closely with our distributors, resellers, and users for our aftermarket products and solutions. Eaton‘s portfolio includes innovative products and alternative fuel solutions aimed at minimizing carbon footprint and creating a sustainable future. We take pride in the fact that we engineer to meet the specific needs of each segment with industry best practices. By doing so, we help our customers manage power more safely, reliably, and efficiently. Our eMobility business provides a robust portfolio of solutions by combining elements from our Mobility and Electrical businesses.”

The Tech Day highlighted Eaton’s innovative products spanning business sectors – Electrical, Mobility, and Aerospace. Within the exhibit, Eaton’s electrical division boasted diverse solutions tailored to meet individual customer needs. The electrical solutions included a comprehensive suite of medium voltage switchgear solutions. The products from Eaton’s electrical business, caters to a wide range of applications, offering both standardized and customized options to meet specific customer needs. The key solutions featured include medium voltage switchgear: Xiria, RVAC, Low voltage switchgear: ACB, MCB, MCCB, RCD, Fusegear: Bussmann range of HV/LV/EV fuses, Power Quality: 9PX and DXRT (1-ph online UPS), 93PR (3-ph UPS), EV Chargers: 22kW AC charger, and Software Solutions: Brightlayer.

In the mobility technology space, Eaton showcased Clutch Assemblies, Transmission: 9-speed and 4-speed (compatible with EVs), Traction control: MLD NoSpin Differential, and Air management: engine valves and valve actuation.

In Eaton’s aerospace solutions, the highlighted are complete aircraft electrical power solutions: circular and rectangular connectors, back-shells, signal and power contacts, fiber optic solutions, cable assemblies and conduits, power conversion, and hold down and release actuators.