adsense

Wednesday, December 20, 2023

Day 24, Modi's UPI Challenge πŸ“† πŸš‡Indian metros seek less cash, more magic: BBPS, UPI, ONDC πŸ’³πŸ“².

 

Bangalore Metro's QR-code ticketing embraces the open network!

Day 24 marks a pivotal moment in PM Modi's 30-Day UPI Challenge! πŸ“† The latest revelation hints at an imminent revolution in the landscape of UPI transactions, with BBPS/ONDC set to play a transformative role in the realm of Metro Tickets. πŸš‡πŸ’³



Journeys on metro systems across India represent a unique conundrum—high in volume but low in individual transaction value. πŸŽ«πŸ”

In the world of metro management, the mantra is clear: the lesser the reliance on cash, the better. And here's where the enchantment lies—in the synergistic combination of Bharat Bill Payment System (BBPS), UPI, and ONDC (Open Network for Digital Commerce). πŸ’³πŸ“²

Breaking ground and setting the tone for this revolutionary wave is the Bangalore Metro Rail Corporation Limited (BMRCL), taking the lead by inviting tenders for the integration of QR Code Mobile Ticketing and Smart Card Recharge with the formidable duo of BBPS and ONDC. πŸ€πŸ› ️

This bold initiative isn't just confined to Bangalore; it's a beacon that other metros can follow with minor adjustments.

The applause is rightfully earned by the visionary team, recognizing the potential synergy of UPI/BBPS/ONDC and its profound impact on elevating UPI volumes. Let the celebration commence! πŸŽ‰

Bangalore Metro's adoption of QR-code ticketing is a paradigm shift, embracing the openness of the network! 🌐

Delving into the details of the tender, BMRCL seeks bids for the seamless integration of QR Code mobile ticketing and smart card recharge with the robust platforms of BBPS and ONDC. πŸ€–πŸŽŸ️

BMRCL, the Special Purpose Vehicle entrusted with the Bangalore Metro Rail Project, provides a comprehensive view of the current ticketing system and unveils ambitious plans for the integration with BBPS and ONDC. πŸš†πŸ’‘

Let's explore the expansive scope of services outlined in this transformative endeavour:

**BBPS Integration: - Design/Development/Integration with BBPCU (Bharat Bill Pay Central Unit)

- QR code-based mobile ticketing issuance for Bangalore Metro

- Recharge of closed-loop CSCs (Contactless Smart Cards)

- Migration of existing direct integrations onto the BBPS platform

- Transaction clearing, reconciliation, and money settlement

- Support and helpdesk services for cardholders and commuters

- Ensuring security compliance

- Admin portal tailored for BMRCL's needs

 

**ONDC Integration: - Design/Development/Integration with ONDC (Open Network for Digital Commerce)

- QR code-based mobile ticketing issuance for Bangalore Metro

- Recharge of closed-loop CSCs on behalf of BMRCL

- Supply, installation, testing, and commissioning of Adaptor Hardware and Software within BMRCL premises

- Development, testing, and commissioning of Seller Application on behalf of BMRCL

- Migration of existing direct integrations onto the ONDC platform

- Transaction clearing, reconciliation, and money settlement

- Support and helpdesk services for cardholders and commuters

- Ensuring security compliance

- Admin portal tailored for BMRCL's administrative needs

 

This strategic move by BMRCL is a leap toward a future where metro transactions are not just seamless but also secure. πŸŒπŸš‡πŸ’Ό

Stay tuned for more updates on this groundbreaking #UPIChallenge, #DigitalIndia initiative! #BBPS #ONDC #MetroRevolution πŸš€

A stellar move that can be replicated by other metros with minimal tweaks! πŸ”„ Kudos to the team for unlocking the potential of UPI/BBPS/ONDC and boosting UPI volumes. Let the party begin! πŸŽ‰

A futuristic step towards seamless and secure metro transactions! πŸŒπŸš‡πŸ’Ό #UPIChallenge #DigitalIndia #BBPS #ONDC #MetroRevolution

 

**Paving the Way for Safe ePayments: Declaring Safe ePayDay! ** πŸš€

In the vast realm of digital transactions, the spotlight is now on declaring a special day — Safe ePayDay / Safe ePayments Day! πŸ’³✨

 

πŸš€ The countdown has begun, and the day is fast approaching when we'll join together in a global celebration of Safe ePayDay.

🌍✨ Imagine a day dedicated to promoting secure, seamless, and responsible electronic transactions, uniting individuals, and businesses alike.

 

Stay tuned for the momentous occasion when we collectively recognize and applaud the significance of secure ePayments in shaping a trustworthy financial landscape. πŸŽ‰πŸ’Ό

Let's usher in the era of Safe ePayDay, a day where we celebrate the reliability and resilience of electronic payment systems worldwide! πŸŒπŸ’³ #SafeePayDay #DigitalTrust #SecureTransactions πŸš€

 

 

πŸ“’ Disclaimer: These are my personal views only.

🌐 The focus is declaring a Day as Safe ePayDay / Safe ePayments Day.

πŸš€ Yes, the day is not far off when there will be a celebration of Safe ePayDay / Safe ePayments Day.

Copyrights if any, belong to the original copyright holder only.

 

Additional Readings:

πŸ’³✨ Happy RuPay Credit Card User Shares Positive Vibes! ✨πŸ’³** @ https://prashantnepayments.blogspot.com/2023/11/happy-rupay-credit-card-user-shares.html

PM Modi Urges Exclusive Use of UPI on Mann Ki Baat: A Month Dedicated to Digital Payments @

https://prashantnepayments.blogspot.com/2023/11/pm-modi-urges-exclusive-use-of-upi-on.html

 

 

 

 

 

 

No comments:

LinkWithin

Related Posts with Thumbnails

Disclaimer

The thoughts in this BLOG are personal, and reflect only my view on the subject.
This are not the views of my Employers.
All images, logos rights rest with the Original TitleHolders

All efforts have been made to make this information as accurate as possible, N Prashant will not be responsible for any loss to any person caused by inaccuracy in the information available on this Website. Relevent Official Gazettes Communications may be consulted for an accurate information. Any discrepancy found may be brought to the notice of N Prashant