Municipal Corporation of Delhi (MCD) partners with ItzCash Card to facilitate online payment of Property Tax Online payment partnership facilitates extension in payment closure time from 5pm to 9pm

Itz Cash Card Ltd India's pioneer "Multi Service Prepaid Card", along with Municipal Corporation of Delhi (MCD) facilitates online payment of Property Tax. Delhi residents can pay property tax by approaching the nearest ICW (ItzCash World) outlet beyond working hours (5pm) i.e. now they can pay the tax anytime between 10am to 9pm.

New Delhi, Delhi, July 1, 2010 /India PRwire/ --

Itz Cash Card Ltd India's pioneer "Multi Service Prepaid Card", along with Municipal Corporation of Delhi (MCD) facilitates online payment of Property Tax. Delhi residents can pay property tax by approaching the nearest ICW (ItzCash World) outlet beyond working hours (5pm) i.e. now they can pay the tax anytime between 10am to 9pm.

Residents of Delhi can also pay their property tax from their homes and offices bidding adieu to long queues, the MCD has facilitated online payment of property taxes through ItzCash Card. Consumers now have the option to log on to http://www.mcdonline.gov.in/ and pay property taxes using an ItzCash Card.

ItzCash card with its tie-up with Municipal Corporation of Delhi (MCD) has facilitated the residents of Delhi in paying their property tax online. This year the online transaction is expected to witness a surge for approximately Rs 8 crore from Rs.6 crore last year.

According to Mr. Naveen Surya, MD, Itz Cash Card Ltd., "The tie-up with ItzCash Card assures that the property tax payers who want to pay their taxes online, now have the option of either paying the property tax on his own using an noQ24x7 Card or by visiting any of 1500 ItzCash World outlets spread across the city for paying property taxes. This service looks at the larger section of population who do not have requisite banking instruments to make their payments."

He further added that, "With this facility for online payment of property tax in partnership with MCD, ItzCash Card aims to bring change in the lives of people, thus bringing a larger section of population closer to the benefits of e-transactions. This year ItzCash will witness approximately Rs 8 crore worth of online transactions through this alliance".

Notes to Editor

About Itz Cash Card Ltd.

Itz Cash Card Ltd., India's only "Multi Service Prepaid Card" part of the Essel Group established in 2004 today has an annual turnover of Rs.2200 crores. ItzCash is another successful venture that innovated the entire paradigm of payment solutions across the web and the mobile bringing payment solutions to the non bankable population. The Card offers a portfolio of customized e-commerce and m-commerce solutions in the B2B and B2C space. The card's salient features include its services, technology, safety and security, reliability and ever-increasing business alliances. ItzCash enjoys premium brand status in the highly competitive local markets. The company's product has been internationally recognized and it went on to win the PayBefore awards for the second consecutive year.

ItzCash has more than 5000 merchants and a spread across 1800 locations including cities, towns and rural India. The tie-ups across service sectors facilitate the multi-utility aspect of the card. ItzCash has over 25,000 ItzCash franchisees branded as "ItzCash World" and 2,00,000 outlets in 1800 Tier I and II towns in the country under the brand name "ItzCash Point".

ItzCash Card's various tie ups include IRCTC for rail booking, Municipal Corporation of Greater Mumbai (MCGM) to facilitate online payment of property Tax, water Bill in Mumbai and launched Octroi Silver Cards for traders and truckers to collect Octroi at the Octroi Nakas.

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