logo
#

Latest news with #AurionproSolutionsLtd.

Aurionpro partners with Mastercard to implement Automated Fare Collection system for Egypt's public transport network
Aurionpro partners with Mastercard to implement Automated Fare Collection system for Egypt's public transport network

Business Upturn

time7 days ago

  • Business
  • Business Upturn

Aurionpro partners with Mastercard to implement Automated Fare Collection system for Egypt's public transport network

Aurionpro Solutions Ltd. has secured a major contract to implement an Automated Fare Collection (AFC) system for Egypt's public transport sector. This strategic win marks a significant milestone in the company's expansion across the Middle East and Africa region. The project will be delivered by Aurionpro Transit Pte Ltd, the company's dedicated mobility division, in partnership with Mastercard. The collaboration aims to create a modern, seamless, and fully digital fare payment experience that aligns with Egypt's Vision 2030 for a cashless, connected economy. Under the agreement, Aurionpro will lead the end-to-end deployment of advanced fare collection technologies, including mobile data terminals (MDTs) and contactless validators, integrated with Mastercard Payment Gateway Services. This open-loop solution will allow commuters to pay fares using debit or credit cards, eliminating the need for cash. The initiative stems from a tri-party partnership between Mastercard, National Bank of Egypt, and Mwasalat Misr Group—a leading mass transit operator in Egypt. The collaboration aims to digitize payments across Mwasalat Misr's entire fleet, enabling riders to book and pay in real time, both onboard and via digital platforms. Historically, Egypt's public transport system has relied heavily on cash payments, creating barriers to financial inclusion. The new AFC system will introduce a secure, efficient, and convenient fare payment process, supporting broader goals of digital transformation in the country's transit ecosystem. This project reinforces Aurionpro's position as a global provider of advanced mobility solutions and highlights its growing influence in international smart city and transport infrastructure developments. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store