RazorPay partners with IRCTC to help passengers pay online

Thursday 1 March 2018 00:28 CET | News

RazorPay has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to help customers make online payments on the IRCTC website and mobile app through UPI.

RazorPay will also provide options like net banking, wallets and credit or debit cards.

Razorpay’s partnership with IRCTC will help users get comfortable with digital money, which will eventually lead to an increasing adoption of digital payments.

Through this partnership, Razorpay’s payment gateway will process more than a million transactions a month on IRCTC website and mobile app. Rail travel in 2017 saw 30 million more passengers than in 2016.

According to National Payments Corporation of India (NPCI) data, in January 2018, there were close to 151.8 million transactions that took place through UPI.

This grew from 145.64 million transactions in December 2017 and 105 million transactions in November 2017 respectively.

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Keywords: Razorpay, partnership, online payments, India, IRCTC, UPI
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce