With the integration of Paytm Wallet and Indian Railway Catering and Tourism (IRCTC) that has happened a week back, booking tickets through this portal will be much easier for you. Paytm has around 60 million users who use their wallet service and the company has a wide network of 21000 stores where this wallet is used as one of the channels of payment.
All those mobile users who’re looking to book IRCTC tickets on their mobile can now make their payments without any hassles. The Paytm Wallet option is available on the IRCTC website under wallet or credit card option. Once the user login to their website, buying train ticket is simpler, faster and easy to transact on the IRCTC.
Why IRCTC added Paytm Wallet for making payments?
Today, Paytm is being served as a bigger payment option in the digital world and it’s a way bigger than many private banks incorporation. This is the only eCommerce company in India authorized with semi prepaid wallet licensed by RBI. Launched in 2014, the company has amazed more than 15 million active wallet users in the first 10 months. And today they have nearly 60 million wallet users that save money in their wallets. This partnership surely going to be another major driver in IRCTC transactions.
This is a win-win situation for both the parties
IRCTC, the second largest consumer transaction portal in India today supports other wallets and payment options like OXi cash, ITZ cash, etc., however, these payment channels are not much popular, as users got to go through the exhausting registration process. While on the other hand signing up with Paytm is quite easy and the wallet is currently being used by more than 60 million users in India. In the same way, surpassing IRCTC’s transaction volume has always been the dream of many mobile commerce companies in the country. And to this end, Paytm is very much delighted to partner with IRCTC to offer a superior consumer experience with the convenience of Paytm Wallet for all IRCTC users across India.
What Mr. Amit Lakhotia, VP-Paytm reveals about their one of the major partnerships, “We are delighted to partner with IRCTC and offer the added convenience of Paytm Wallet to IRCTC customers. This is a major partnership for us as it allows users to book train tickets via Paytm wallet. IRCTC is the second biggest consumer-transacting platform today. Launched recently, the service has received positive response from our customers, with the usage of Paytm wallet on IRCTC’s website crossing our expectations in just a few days. We are elated with this association and we wish to take more such worthwhile strides in the future to make lives simpler and easier for our customers.”