‘Ongo’ a mobile payments solution’s first ever transaction by PM Narendra Modi in Lucknow

by | Jan 25, 2016

Mumbai, January 22, 2016: Hon’ble Prime Minister Shri Narendra Modi-ji launched the Ongo app at the inauguration of e-rickshaws in Lucknow today. Modiji made the first ever e-payment to an e-rickshaw driver using the Ongo app for his ride at the event.

Ongo app is developed by India Transact Services Limited, a wholly-owned subsidiary of AGS Transact Technologies Ltd, the leading banking payment solution provider in the country.

Ongo app had a pilot launch in September 2015 and is already being used by approximately 15,000 Mumbai auto rickshaw drivers for cashless payments. The app aims to simplify the travel experience for both commuters and drivers by eliminating the need to keep loose change or cash at all.Also, the app enables auto rickshaw drivers to fill gas in their autorickshaw by using a prepaid card which was given to them as part of the program.

Speaking about the event, Mr. Ravi B Goyal, Chairman and Managing Director of AGS Transact Technologies Limited said, “We are honoured that Ongo was the first official app used for transaction by Honourable PM Modiji to enable e-payments on e-rickshaws.It clearly highlights the government’s emphasis on the adoption of technology at the grass root level and we are happy that we could provide the platform for this vision.”

He further added, the e-rickshaws in itself is a revolutionary idea and combined with the option to pay using the Ongo app makes it truly an extraordinary experience.”

About Ongo

Ongo is a mobile payment solution which enables you to make payments on the move and brings convenience of payments in few steps.

About India Transact Services Ltd

India Transact Services Ltd. (ITSL) is a fully owned subsidiary of AGS Transact Technologies Ltd. with focus on the Indian payments industry. Our focus is to develop an integrated payments platform for our Customers.

 

Equipped with electronic transaction processing switch, we offer inter-connectivity of banks’ ATMs and other delivery channels to different payment gateways, web and mobile based payment services. For example, we have developed a mobile-POS solution, offering fast, secure and end-to-end transaction processing to merchants.

We provide mobile based merchant acquiring, card issuance, transaction acquiring for debit, credit and prepaid cards, transaction processing, program management, customer support, reconciliation and settlement services and linked-loyalty solutions.

We believe that by developing mobility-based payment solutions, which enables additional modes of making payments besides cash or card, we will be able to develop customized payment solutions (including mobile wallet offerings) for our customers. This will enable us to grow our customer touch points, other service offerings and revenue.

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Brian Pereira
Brian Pereira
Brian Pereira is an Indian journalist and editor based in Mumbai. He founded Digital Creed in 2015. A technology buff, former computer instructor, and software developer, Brian has 29 years of journalism experience (since 1994). Brian is the former Editor of CHIP India, InformationWeek India and CISO Mag. He has served India's leading newspaper groups: The Times of India and The Indian Express. Presently, he serves the Information Security Media Group, as Sr. Director, Editorial. You'll find his most current work on CIO Inc. During his career he wrote (and continues to write) 5000+ technology articles. He conducted more than 450 industry interviews. Brian writes on aviation, drones, cybersecurity, tech startups, cloud, data center, AI/ML/Gen AI, IoT, Blockchain etc. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. He recently achieved a Certificate in Cybersecurity (CC) from the international certification body ISC2. Follow Brian on Twitter (@creed_digital) and LinkedIn. Email Brian at: [email protected]
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