India’s largest mobile payment and commerce platform, Paytm has emerged as the most credible and convenient payment option on the IRCTC platform. The Paytm Wallet is already accepted on the IRCTC platform and this native integration of Paytm’s payment gateway to IRCTC’s app is a showcase of its trust in Paytm’s technology.
- The tie-up with India’s largest rail ticketing platform is a major step towards Paytm aim to bring the convenience of digital payments to travelers.
- This move is an important step in the vision of making cashless payments a way of life across all consumer segments and demographic profiles in India. It’s a boon for over 30 million passengers who prefer to travel with the Indian Railways on a daily basis.
Paytm:
Paytm is an Indian e-commerce website headquartered in Noida, India. It was launched in 2010 and adds to the industry of FinTech in India. It is owned by One97 Communications. The firm started by offering mobile recharging, adding bill payment and e-commerce, with products similar to businesses such as Flipkart, Amazon.com, Snapdeal.
In 2015, it further added booking bus travel.Paytm also launched movie ticket booking by partnering with Cinépolis in the year 2016.