Over a span of nearly 20 years, the Zero Mass Foundation has set various standards and benchmarks in the payments landscape. From pioneering the Business Correspondent model to catalyzing NFC payments to aiding financial remittances to the remotest of Indian corners - the company has led the way.
Our milestones speak for themselves.
Availability of loose change, rush our ticketing, ability of a single bus conductor to cover the entire lenght of the crowded bus - are just some of the hardships of cash in transportation. The UPSRTC smart card solution has helped solve all these and resulted in a successful model for all Smart Cities.
Mother Dairy, Amul
With thousands of outlets, lakhs of customers and an ever increasing demand for improved efficiency, Milk Producers were in need of a payment solution. The key issues to tackle were - a) huge disputes related to "small change" available at counters to return to consumers and b) Increasing the speed of the transactions for faster consumer throughput.
SBI Smart Change
An innovative and first of it's kind product for small value cashless payments, extending its scope to identity, access control, Automatic Fare Collection where merchants use NFC phones and customers use RFID cards / wearable NFC bands.
This is the first ever Bank issued card that can be used for multi-modal AFC (Automatic Fare Collection) and multi-merchant payments using the same stored value card.