FutureCard wins Nol smartcard supply deal in UAE
Dubai, July 20, 2014
FutureCard, a UAE-based expert in design, manufacture and customisation of all types of smartcards, has won a contract with the Road and Transport Authority (RTA) for the supply of nine million Nol smartcards.
The RFID ‘fare’ cards can be used to pay for travel on metro, buses, water buses and paid parking provided by the RTA.
The deal covers a period of two years and the company was selected from five vendors within the framework of a public call for tender process.
Ayhan Yalcintas, CEO of FutureCard, said: "We are extremely delighted at the advent of this relationship that allows us to team our experience and solutions with Road and Transport Authority. As RTA is wishes to develop integrated solutions of transportation network with the highest standards and world-class services, our team will place every effort to achieve these objectives to satisfy all citizens and by extension, the UAE Government, who has trusted us with this project.” - TradeArabia News Service