Axis Bank Ltd.

Axis Bank in association with Kochi Metro Rail Corporation (KMRL) has launched KMRL Axis Bank ‘Kochi1’ Card, India’s first open loop EMV contactless metro card that would make travel a convenient and hassle free experience for commuters in Kochi. Axis Bank has partnered with National Payments Corporation of India (NPCI) in developing this transit EMV contactless specification on interoperable open standards. Additionally, the bank has also launched a mobile app, which can be used by commuters to manage their card and also to get QR tickets on the go for travel in the metro.

The smart card will be issued and loaded at KMRL issuance counters; the card can also be re-charged online, through the Kochi 1 app or through the Ticket vending machines at the stations. The card will ensure exact debit of the ride fare while exiting from the metro station. Importantly, the initiative is in line with the Ministry of Urban Development’s vision to address the need of a common mobility card.