HomeNewsKerala NewsKochi Metro provides an e-Rupee facility

Kochi Metro provides an e-Rupee facility

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Kochi: Kochi Metro Rail Limited has become the first metro to accept the central bank digital currency issued by the RBI. Kochi Metro has prepared a system to pay parking charges in e-rupees. The service will initially be available at the parking lot adjacent to Thaikudam Metro Station. Later, the facility will be extended to other station parking lots as well.

Technology start-up Anantham Online has made this service available at Kochi Metro Parking in collaboration with IDFC First Bank. The public can make money transactions through digital wallets of banks providing e-rupee service. KMRL MD Loknath Behra will inaugurate this service tomorrow at 10.30 am at the Thaikudam Metro station parking lot. Representatives of RBI, IDFC First Bank, and Anantham Online will also attend the function.

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