Expanding Transit Coverage Paycraft is actively expanding its automated fare collection and payment solutions to multiple Indian cities including Kochi, Bengaluru, Ahmedabad, and Surat, indicating significant opportunities for partnerships with other public transport operators seeking to modernize their payment infrastructure.

Innovative Payment Products The company has launched a diverse range of specialized payment solutions such as open loop cards, corporate transit cards, and interoperable ticketing products aligned with NPCI standards, presenting avenues to sell comprehensive payment systems to transit agencies and financial institutions.

Strategic Partnerships Recent collaborations with NPCI and NSDL Payments Bank to introduce new products like the One Nation Corporate Card highlight Paycraft’s potential to engage with banks and government initiatives needing scalable, compliant payment solutions.

Technology Adoption Paycraft’s focus on NFC, QR code-based ticketing, and compliance with NCMC standards positions it as a leading provider for transit agencies and mobility operators looking to upgrade their systems with interoperable and secure payment technology.

Market Growth Potential With annual revenues estimated between $10M and $25M and a focus on offline transit payments, Paycraft offers substantial cross-selling opportunities for payment processors, transit device vendors, and financial service providers aiming to penetrate India’s growing smart mobility market.