Summary:
more-inTo encourage the use of digital payment and to shift to a paperless system, the issuance of Kochi-1 card commenced at all metro stations on Friday. KMRL will get 20% share of the revenue the bank generates from transactions outside the metro transit system. An additional 10% discount and a 10% cashback on monthly metro rides worth ?500 or more are also being offered as a short-term offer. They will also shortly get other offers and discounts in ‘services’ outside the metro rail system. The card holder can avail the monthly cashback offer of 10% during the months of November and December 2017, said a KMRL press release..