KSRTC’s cashless payment system sees ₹5.5 crore collection in first month

KSRTC implements cashless payments, collecting over ₹5.5 crore in a month through UPI transactions, enhancing passenger convenience.

The Karnataka State Road Transport Corporation’s (KSRTC) introduction of cashless payment systems across its bus services has received a good response from passengers. Within the first month of implementing digital ticketing, KSRTC collected over ₹5.5 crore through Unified Payments Interface (UPI) transactions.

In response to long-standing passenger demands, the KSRTC has adopted cashless payment systems across its bus services. The initiative, introduced on November 6, equipped KSRTC buses with advanced Electronic Ticketing Machines capable of accepting UPI payments as well as debit and credit cards.

According to data accessed by The Hindu, between November 6 and November 30, the corporation collected ₹3.63 crore. In the first five days of December, daily collections ranged from ₹34 lakh to ₹42 lakh, with over 30,000 transactions recorded on December 3 alone.

“This initiative is to enhance passenger convenience by promoting digital payments and reducing cash handling in KSRTC buses. The corporation’s successful transition to digital ticketing by collecting ₹5.5 crores in a month, highlights its adaptability and the public’s readiness for cashless solutions,” Transport Minister Ramalinga Reddy told The Hindu.

KSRTC has stated that the introduction of UPI payment options aims to streamline daily commutes by eliminating the need for cash and resolving frequent disputes over exact change between passengers and conductors. To enable cashless transactions, KSRTC has equipped its buses with advanced Electronic Ticketing Machines (ETMs). Over 10,000 smart ETMs are already operational across KSRTC’s fleet of 8,800 buses, with plans for further expansion following conductor training.

The ETMs will also support the validation of National Common Mobility Cards and various KSRTC-issued bus passes, with this functionality expected to be introduced within a month.

Source: KSRTC