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Nokia India To Launch NFC-Based Ticketing For Metro Rail Projects

Nokia India is apparently in talks with a majority of the metro rail projects in the country to introduce a Near Field Communication (NFC) based ticketing system for its consumers, reports mydigitalfc. The report states that Nokia has partnered with the mobile payment company Paymate for NFC solutions and has tied up with banks for this service. Speaking to the publication, D Shivakumar, Senior Vice President, IMEA region informed that this service will enable Metro service providers to reduce long queues and other problems associated with getting train tickets and claimed that NFC along with mobile money service would be an ideal solution for this problem. That being said, he refused to provide any further details on the service or its rollout, although the Delhi Metro Rail project has started a similar pilot project and the Chennai Metro Rail Ltd (CMRL) is currently inviting bids from merchant acquirer banks which have been certified to process credit and or debit card payments, to participate in its tender for an automatic fare collection system, as indicated by the mydigitalfc report Nokia-Paymate Partnership: In November 2011, Nokia had partnered with Paymate and makers of Ra.One during the launch of NFC-equipped Nokia 700 and 701, to offer movie related content including ringtones and wallpapers through NFC tags. PayMate had also installed 20,000 tags across Nokia outlets, shopping malls and movie theatres. In conversation with Medianama, Ajay Adiseshann, founder and MD of PayMate, had stated that Ra.One NFC campaign was the first step to introduce NFC in the Indian market and had costed them $100,000, however…

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