IRCTC reintroduces free e-wallet registration for a week starting from today
IRCTC had launched the e-wallet as an alternative payment system for e-ticketing on its website in 2012.
Indian Railway Catering and Tourism Corporation (IRCTC) has reintroduced free registration for its e-wallet for a week starting from Tuesday.
Earlier, IRCTC had made free registration available for a month from May 16 to June 15. From June 16 onwards an amount of Rs 50 was being charged for such registrations.
"We have decided to extend free registration for IRCTC e-wallet by a week to encourage our patrons to adopt the facility that ensures an alternative and easy payment option for e-ticketing. The success rate of booking tickets through IRCTC e-wallet has been more than 99%," said IRCTC Chairman and Managing Director Dr. A.K. Manocha.
He also pointed out that there were complaints of money being deducted without tickets being booked when the payment was made through other gateways.
"We are determined to address this problem completely through IRCTC e-wallet. We have already introduced several technical changes in e-wallet, including round the clock booking of e-tickets," he added.
During the free month-long registration period, the total number of registrations for e-wallet stood at 10,673 with an average of 344 registrations a day.
"During this period, e-ticket booking through the wallet was not allowed between 0800 hours to 1200 hours. However, booking through the wallet during this period (0800 hrs to 1200 hrs) has now been permitted with effect from June 15," an official statement from IRCTC added.
IRCTC`s e-wallet can be topped up in multiples of Rs 100 up to a maximum of Rs 10,000. This payment instrument is cheaper and charges only Rs 5 per transaction.
The registration is at present available by verification through PAN card and will soon be available through Aadhar card also.
IRCTC had launched the e-wallet as an alternative payment system for e-ticketing on its website in 2012.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
08:10 PM IST