Gallant Capital acquires Fime and UL Solutions’ payments testing business to create a global leader in payments, smart mobility & digital ID. May 07, 2024

Read the news

You are using an obsolete browser (Internet Explorer < 11). For a safe user experience use the latest version.

Fime champions the first fully ‘made in India’ transit payment terminal.

March 09, 2022

Fime champions the first fully ‘made in India’ transit payment terminal.

Fime has supported QuantumAeon to become the first transit payment terminal vendor to completely design, build, test and certify in India. With Fime’s technical advisory and certification services, the terminal has been approved in line with the EMVCo contactless EMV® Level 1 requirements. This project is part of Fime’s efforts to champion the national ‘Make in India’ initiative by offering local end-to-end testing and certification services for Indian manufacturers. 

EMVCo approval plays a big role in the modernization of our mobility infrastructure. This is a huge step forward for the ‘Make in India’ initiative, which will strengthen economic growth and foster innovation. We look forward to further success stories from Fime and Indian manufacturers.
Shri Arvind Kumar
Director General STQC
Ministry of Electronics & Information Technology Government of India

Achieving EMVCo approval without having to travel overseas is a major benefit for our business. With Fime’s support, we were able to considerably reduce the costs and time taken to launch our terminal. Building on our strong presence in the transit ticketing sector for the past fifteen years, we are pleased to be contributing to the Government of India’s One Nation, One Card movement to bring consumers seamless and secure transport experiences.

Balaji Brindavan
CEO of QuantumAeon  
Our team is proud to collaborate with QuantumAeon to achieve this milestone. Appetite for EMV migration and seamless travel experiences continues to grow in India. We are excited to be able to provide local manufacturers with the support to certify their products in a fast, simple and cost-effective way.

Angaj Bhandari
Managing Director of India and South Asia at Fime  

To learn more about Fime's services for the Indian market, contact the India office directly.

EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.

For further Fime media information, please contact:
Fergus Straiton at iseepr + 44 (0) 113 350 1922
Stéphanie Pietri at Fime

About Fime
Fime enables its clients to create and launch trusted and secure solutions with consulting and testing services in payments, smart mobility, biometrics, authentication and open banking. It offers global cross-industry perspective, local insight, and unique heritage in testing and certification. Fime’s consultants provide transformative business expertise, partnering with organizations worldwide to define, design, deliver and test their products and services. With 400+ experts around the world, Fime works strategically to help its clients turn ideas into reality, swiftly take products to market, and achieve competitive advantage. Working together, Fime turns powerful innovations into the future of trusted transactions.

Making innovation possible. | Blog Twitter LinkedIn YouTube

You might be interested in.

Explore the latest insights from the world of payments, smart mobility and open banking.
Share your challenge.

Our Fime experts are here to help you make innovation possible,
from defining, designing to delivering and testing your products
and services.

Contact us