Issue dated - 12th May 2003

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Front Page > India News > Story Print this Page|  Email this page

Warana launches milk credit card

Warana Co-operative Milk Produce Processing Limited (WCMPPL) has launched a milk credit card for its members. Mumbai-based smart card solution provider iSmart International has played a major role in providing the technology and implementation of this pilot project on a chip-based smart card.

The ‘Warana Milk Credit Card’ project was launched on April 2, 2003, when smart cards were issued to WCMPPL members. The dairy members can use the smart card to make any purchase at the Warana Bazaar, located a few kilometres away, for the milk dispensed by them to the co-operative. This system will help the co-operative to track and settle payments, which it has to make on periodic basis to individual members. Moreover, members will now be able to effectively use the credit facility on the purchase made in the respective shops at Warana.

— The Financial Express

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