Pakistan's first cashless transport ticketing system launched in Karachi

News Image

MG News | October 10, 2024 at 04:15 PM GMT+05:00

0:00

October 10, 2024 (MLN): Sindh Infrastructure Development Company Limited (SIDCL) has launched Pakistan’s first ‘Cashless Transport Ticketing System’ for their Orange Line and Green Line buses in Karachi. 

United Bank Limited (PSX: UBL), as SIDCL's partner in the project, shared this development in a recent social media post.

The bank has covered the L3 certification cost of the unattended POS machines that are installed at all their stations.

Furthermore, UBL is their main and only bank managing cash collection for all their stations (22 stations on the Green Line & 5 stations on the Orange Line) on a daily basis.

The event was the inauguration of Pakistan’s first-ever unattended POS machines. 

This would lead to a wider collaboration on the e-ticketing platforms across further lines.

The event was attended by Arif Akmal Saifie, GE UBL International, Shiraz Azam, Head Transaction Banking Pakistan UBL, Sarosh Hashmat Lodhi, Vice Chancellor NED University/Board Member (Chief Guest) and Abdul Aziz, SIDCL Managing Committee Member/GM Ops, along with other SIDCL and UBL Management.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,379.97
273.10M
0.32%
440.10
ALLSHR 84,648.35
701.94M
0.06%
47.97
KSE30 41,546.23
70.12M
0.42%
172.55
KMI30 191,719.76
71.30M
0.34%
649.79
KMIALLSHR 55,827.74
371.98M
0.16%
89.67
BKTi 37,827.61
18.93M
-1.72%
-662.14
OGTi 27,670.67
7.41M
-0.42%
-117.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,155.00 119,660.00
117,255.00
2415.00
2.07%
BRENT CRUDE 68.50 69.09
68.30
-0.21
-0.31%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
1.80
1.90%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-1.05
-0.99%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.27 67.01
66.09
-0.25
-0.38%
SUGAR #11 WORLD 16.62 16.65
16.55
0.06
0.36%

Chart of the Day


Latest News
July 16, 2025 at 04:06 PM GMT+05:00

PSX Closing Bell: On the Rise


July 16, 2025 at 03:54 PM GMT+05:00

MTL expected to climb to Rs650/share by Dec 2025


July 16, 2025 at 03:52 PM GMT+05:00

PKR falls 29 paisa against USD


July 16, 2025 at 03:44 PM GMT+05:00

Govt to shut down Utility Stores by July 31


July 16, 2025 at 03:26 PM GMT+05:00

Oil prices steady amid mixed global signals



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg