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Showing posts with the label Mumbai Metro One

Mumbai Metro | PayPal forays into mass transit, announces partnership with MMOPL

Mumbai: PayPal, a global leader in digital payments, today announced a partnership for online recharge payments with Mumbai Metro One , the lifeline of Versova-Andheri-Ghatkopar corridor, thus making a foray into the mass transit sector. With this partnership, metro-goers can now enjoy the convenience of recharging their smart cards on the Reliance Mumbai Metro website or app backed by PayPal’s robust risk and security platform. Speaking about the announcement, Devendra Trivedi, Director, Channel Partnerships, PayPal India, said, “PayPal’s integration with the Mumbai Metro payment network, mirrors the agility of the transit system and marks our entry into the mass transit sector. Just as Mumbai Metro’s rapid transit system is designed to make the lives of Mumbaikars easier by decongesting the city, PayPal’s globally-trusted payment platform is designed to make the lives of customers easier by offering a seamless and safe payment experience.” Since inc...

Mumbai Metro | MMOPL seeks more riders, seeks collaboration with private firms

Mumbai: The  Mumbai Metro One Pvt Ltd  (MMOPL) is the first to operate metro corridor Versova- Andheri- Ghatkopar. To have more people to use Public transport, MMOPL wants to collaborate with companies so as to appeal for employees to commute to Metro 1. For this, they have issued the bulk pass for the companies who are convinced by this idea. MMOPL is a joint venture company which is owned by RATP Dev Transdev Asia and Reliance Infrastructure. It stands in the eighth highest passenger density of any metro line in the world.  It carries 3.40 lakh commuters and on other days it carries 4 lakh passengers. MMOPL has recently corded with three companies and has issued about 200 bulk passes and have pitched around 430 companies and 1000 housing society so as to tell the benefits of metro and how easily people can travel without any traffic fuss. Over a past few years, office space users increased in the areas of Seepz, Andheri link road, MIIDC, Naka, Marol etc. Currently, Metr...

Mumbai Metro | Rel Infra led Mumbai Metro One launches safety app for commuters

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Mumbai: Three incidents of sexual harassment of women in the Mumbai Metro were reported in the last two months and they had to wait to reach their destinations and report them. Now, women who take the Versova-Ghatkopar Metro will not only be able to report such incidents immediately, but they will also receive help through the Mumbai Metro security application, called “Metro SecuCare”. On Thursday, Mumbai Metro One became the first in the country to offer such an application to its passengers. Abhay Kumar Mishra, CEO of Mumbai Metro One Private Limited (MMOPL) said, “ Through the application, we can ensure immediate action at the time of an emergency and will also help prevent any misbehavior in the Metro corridor. ” The SecuCare App is developed by Eyewatch Technologies Pvt Ltd, and it allows a traveler to send an alert to the Central Security Control Room (CSCR) situated in DN Nagar and record a one-minute video. This “geosynchronized” application s...

Mumbai Metro One introduces mobile ticketing facility with PayTM

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Mumbai:  Reliance Infrastructure -run Mumbai Metro One  has launched a mobile ticketing facility called ‘Skiiip Q’ in association with digital payments player Paytm, that will help commuters book their tickets even from outside the metro stations. Instead of using tokens or smart cards, commuters can travel using the QR code generated by mobile app on automated fare collection gates of the 11.4-km Versova-Andheri-Ghatkopar metro line. The facility is available on the Paytm App and app of technology partner Ridlr and will soon be introduced on the Mumbai Metro App. The tokens and smart cards will continue to be available at ticketing windows with the added option available. Cash Suvidha eyes Rs 100 cr loan book by Mar Fintech company Cash Suvidha is eyeing a loan book of Rs 100 crore by March, of which it targets to disburse Rs 56 crore to small and micro businesses, the company said in a statement. Cash Suvidha offers a range of financial solutions that inclu...

Reliance Infra to consolidate transport businesses

Mumbai: Reliance Infrastructure (RInfra) has initiated a process to spin off a new unit, called Reliance Transport, to take care of its interests in railway, metro, airport and road projects even as the proposed listing of Infrastructure Investment Trust (InvIT) faces what the company calls “some procedural delays” after receiving the nod from the stock market regulator. Analysts say that the move is to generate positive investor sentiment. A Reliance Infrastructure spokesperson said, “RInfra InvIT is on track and will be launched shortly.” A senior RInfra official told DNA Money that four of its businesses such as roads, metro, airports and railways would be consolidated into a single strategic business unit. "We intend to go big in the transport space," said the source, without giving any details. At the moment, RInfra under the Reliance Airport Developers Pvt Ltd banner operates five brownfield airports in Maharashtra – at Nanded, Latur, Baramati, Yavatm...