Indian Railway Catering and Tourism Corporation (IRCTC) has extended for the second time free registration for e-wallet, which provides a cheaper, reliable and glitch-free payment option for e-ticketing at its portal, till October 30.
As an alternative payment system for e-ticketing, IRCTC had launched the e-wallet in 2012 as a pilot project. In May this year, it made free registration available for a month (16th May –15th June). From June 16 onwards, an amount of Rs 50 was being charged for each registration.
Earlier, IRCTC had extended free registration for e-Wallet by a week, till July 6 which is now extended to October 30.
“IRCTC has waived off the e-Wallet registration fee from July 27 to October 30 in view of its growing popularity among the rail travellers for a smooth and convenient reservation of tickets on our portal,” said Dr A K Manocha, Chairman and Managing Director, IRCTC.
“We have also sorted out, to a great extent, some complaints of money being deducted without tickets being booked. We have already introduced several technical changes in e-wallet, including round the clock booking of e-tickets,” he added.
IRCTC’s e-wallet can be topped up in the multiple of Rs 100 up to a maximum of Rs 10,000. This payment instrument is cheaper with charges of Rs 5 per transaction. Also, payment through the e-wallet can be made round the clock and is highly secured through a Two-Factor Authentication: transaction password and OTP on registered mobile at the time of payment.
IRCTC is determined for modification as it is introducing e-catering app using MobiKwik. Now, passengers travelling on trains can now pay for food through the app. The mobile app payment is a great move by IRCTC, as the payment industry is flourishing with nearly 32 million users.
“MobiKwik became the primary wallet on Connect last year, and this year we are taking our partnership a step further by offering e-payment options on the e-catering app as well,” says chief operating officer of MobiKwik, Mrinal Sinha.