Built on National Common Mobility Card (NCMC) specifications with offline enabled, these cards will advance the Government of India's vision of One Nation One Card, the company said

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The One Nation Corporate Card will be offered to the Indian customers pan-India from June end. We aim to service a million customers both corporates and SME employees pan-India within 24 months of our launch," said Ambarish Parekh, CEO of PayCraft.Built on National Common Mobility Card (NCMC) specifications with offline enabled, these cards will advance the Government of India's vision of One Nation One Card, the company said.It also offers a solution for digitising business expenses for corporates and SMEs across the country.NSDL Payments Bank said the One Nation Corporate Card facilitates transactions seamlessly across four channels -- ATM, POS, e-commerce websites, and metro stations.


      The card also comes with a corporate expense management platform for the employer to manage their expenses digitally.

      The Mumbai-based company said the card, built on an indigenously developed multi-wallet platform with transit issuance and processing capability, serves as a tax benefit instrument for corporate employees.

      PayCraft, a fintech entity in online and offline payments processing, on Tuesday said it launched One Nation Corporate Card in partnership with NSDL Payments Bank and National Payments Corporation of India (NPCI).

 

     


About NSDL (National Securities Depository Limited):

CEO: Padmaja Chunduru (22 Sept 2021–)
Headquarters: Mumbai, Maharashtra, India
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