Aurionpro Solutions Gets New Contract in Egypt
By Shishta Dutta | Updated at: Jan 14, 2026 03:26 PM IST
Cairo, June 26, 2025 – Aurionpro Solutions Ltd (NSE: AURIONPRO | BSE: 532668) has announced a major international contract to implement an Automated Fare Collection (AFC) system across Egypt’s public transport network. The project, secured in collaboration with MasterCard, significantly bolsters Aurionpro’s presence in the Middle East and Africa region.
Aurionpro Drives Egypt’s AFC Revolution
Aurionpro’s dedicated mobility division, Aurionpro Transit Pte Ltd, will oversee the technology implementation of the AFC system. The deployment includes advanced Validators, Mobile Data Terminals (MDTs), and an open-loop fare collection software fully integrated with MasterCard Payment Gateway Services. This will enable secure, contactless digital payments across Egypt’s mass transit infrastructure.
The project is anchored by a tri-party agreement between:
- MasterCard
- National Bank of Egypt
- Mwasalat Misr Group, a key operator in Egypt’s urban mobility space
Key Features of the AFC Rollout:
| Component | Details |
|---|---|
| Hardware | Advanced Validators, Mobile Data Terminals (MDTs) |
| Software | Open-loop digital fare collection system |
| Payment Integration | MasterCard Payment Gateway Services |
| Use Cases | Real-time, contactless payments onboard and via digital platforms |
| Strategic Goal | Align with Egypt Vision 2030 – shift to cashless, digital economy |
This new infrastructure aims to replace the heavily cash-based ticketing system in Egypt with a digitally enabled, inclusive transport ecosystem.
What does the Management say?
Sanjay Bali, President & Global Head – Tech Innovation Group, Aurionpro Solutions, stated: “We are proud to mark this strategic win as a reflection of our shared vision for the future of digital mobility with MasterCard. This strengthens Aurionpro’s growing portfolio of AFC deployments globally and highlights our commitment to operational excellence and innovation.”
Chapin Flynn, Senior VP – Urban Mobility, MasterCard, added: “Our partnership with Aurionpro to launch open-loop ticketing in Cairo represents a significant step toward a more seamless public transport experience. Together, we are driving the future of transit, digital, interoperable, and scalable.”
Strategic Outlook
The initiative is aligned with Egypt Vision 2030, targeting economic digitization and improved access to financial services. With public transport at the core of urban living, the move is expected to significantly enhance commuter convenience while positioning Aurionpro as a tech enabler in large-scale urban transit modernization.
Aurionpro Solutions Stock Performance
On June 26, 2025, at 12:23 PM IST, Aurionpro Solutions shares are trading at ₹1333.40, which is a 0.0075% dip from the previous close. Aurionpro Solutions shares have declined 2.83% over the last year, 24.92% year-to-date, and 3.12% in the previous month.
About Aurionpro Solutions
Aurionpro Solutions Ltd is a listed global enterprise technology firm focused on banking, mobility, transit, data centers, and government solutions. With over 2,800 employees, it operates with a strong innovation DNA, offering proprietary IP and scalable products for future-ready digital ecosystems. The stock trades on both BSE and NSE under the ticker AURIONPRO and continues to build its global footprint with strategic wins in high-growth markets.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/94ec21b0-2eef-4634-b35d-d08ad0d81ea6.pdf
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