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On 7 August 2019, IRCTC launched a payment wallet named iMudra. [21] [22] On 11 August 2021, IRCTC introduced a smart card system through which unreserved train tickets which can be bought either at railway stations or online. [23] IRCTC provides train and ticketing related information to passengers through SMS. [24] A food plaza run by IRCTC
In October 2011 Sapphire Ventures (fka SAP Ventures) invested $10 million in One97 Communications Ltd. [15] By January 2014, the company had launched the Paytm Wallet, which the Indian Railways and Uber added as a payment option. [16] It launched into e-commerce with online deals and bus ticketing.
Next Generation e-Ticketing (NGeT): The Internet-based E-ticketing reservation system, developed for IRCTC, that connects at the back-end to PRS. [7] Computerization of Indian Railways' Unreserved Ticketing System: Unreserved ticketing is a major component of IR's ticket volume, and an important source of revenue.
The Tatkal Scheme is a ticketing program established by Indian Railways. The scheme is used for booking journeys at very short notice. The Indian Railways introduced it in all forms of reserved classes on almost all trains in India. It was introduced in 1997, when Nitish Kumar was the Railway Minister of India. [1] Bookings can be made online ...
Indian Railways is a state-owned enterprise that is organised as a deparmental undertaking of the Ministry of Railways of the Government of India and operates India's national railway system. [ a ] As of 2023 [update] , it manages the fourth largest national railway system by size with a track length of 132,310 km (82,210 mi), running track ...
On 7 August 2019, IRCTC launched a payment wallet named iMudra. [66] [67] On 11 August 2021, IRCTC introduced a smart card system through which unreserved train tickets which can be bought either at railway stations or online. [68] Digital India driven digitalisation of railway to improvement efficiency and reduce cost.
In order to provide a smooth, offline payment option for all NCMC-enabled transit projects, such as metro rails, buses, ferries, tolls, and parking throughout India, the State Bank of India released the MTS RuPay NCMC prepaid card on August 30, 2024. Travelers can now easily make payments, even in places with spotty internet access. [33]
At the Global Fintech Fest 2024, NPCI, Indian Railway Catering and Tourism Corporation (IRCTC), and CoRover unveiled "Conversational Voice Payments" for UPI, a huge advancement in the convenience of online transactions. Customers may now use their voice or type their UPI ID or mobile number to complete transactions thanks to this new ...