One of India's leading mobile payment and commerce platform, Paytm has emerged as the most preferred and convenient payment option on the IRCTC platform. The Paytm Wallet is already accepted on the IRCTC platform and recently, IRCTC has added Paytm's payment gateway to its app hence, showing a strong confidence on the online payment service provider.
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 travellers. The commuters are always scouting for convenient and safer option to process their transactions on the move and Paytm facilitates them with all these extended services therefore, it acts as a handy transaction tool to the commuters.
Speaking on the partnership, Kiran Vasireddy, Sr. Vice President – Paytm said, "At Paytm, we are on a mission is to make payments extremely simple. Our deeper integration with IRCTC platform will not only provide greater convenience to its users but would also increase the success rates of such transactions."
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.