Bhubaneswar city to have common payment card system

Bhubaneswar is the capital of the Indian state of Odisha. It is the largest cityin Odisha and is a centre of economic and religious importance in EasternIndia. According to the 2011 census of India, Bhubaneswar had a populationof 837,737.

Bhubaneswar has developed as one of the quickly developing, exchanging and business center in the state and Eastern India. Tourism is a noteworthy industry, pulling in around 1.5 million visitors every year. The World Bank positionedBhubaneswar as one of best place to work together in India in 2014.To concur with incline and to profit the advantages of cashless monetaryexchanges, Bhubaneswar trying to move towards advanced installment frameworks.

Bhubaneswar city soon include new cashless system intends to provide a safe digital mode of cash transactions to the citizens for payment of fees, taxes, utility bills, transit charges, parking and other services charges.

The cards will function like a wallet having an unique number linked to bank account. Money will be debited from the account on swiping the card for availing services, an official said.

 

Bhubaneswar-city-to-have-common-payment-card-system

The citizens, visitors and other users will be able to buy the card through payment of a minimum top up of Rs. 200/- per card. A one-time fee of Rs. 50/- per card shall be retained by the Bank as cost towards the card.

Further with an aim to create doorstep delivery of payment services, the implementation also comprises of installation of 325 Point of Sale (POS) machines, at government premises and in partnership with private entities, retailers & other merchants at a grid of 500m in the city.

ICICI bank has been selected as the implementing agency of the CPC, official sources said, adding that the bank will spend Rs 20 crore towards it and design & make 5 lakh cards.

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