GIFTCL Collaborates with ZPOSL to Introduce Prepaid Citizen Card and VMS.

Banking & Finance

In February 2025, Gujarat International Finance Tec-City Company Limited (GIFTCL), based in GIFT City, Gujarat, partnered with Hyderabad (Telangana)-based Zaggle Prepaid Ocean Services Limited (ZPOSL), a leading Business-to-Business Software-as-a-Service (B2B SaaS) FinTech company, to launch a co-branded Prepaid Citizen Card and Visitor Management System (VMS).


      - This initiative aims to enhance digital transactions and security within GIFT City.

      - GIFTCL and ZPOSL have signed a five-year agreement, with potential extensions based on future requirements.

     

Main Point :-   (i) The Prepaid Citizen Card will enable seamless, cashless transactions for essential services within GIFT City and will be accepted nationwide. It will serve as a secure digital identity and payment solution for GIFT City’s growing population and workforce.

      (ii) The VMS will ensure enhanced security in the Special Economic Zone (SEZ) by tracking, verifying, and regulating visitor access. It will integrate identity verification, visitor pre-registration, and a streamlined check-in/check-out process, allowing only authorized individuals to enter the premises.


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