Unreserved railway tickets may soon be booked using e-wallets
Posted on: 15/Nov/2016 11:29:14 AM
The Railways may introduce booking of unreserved railway tickets on e-wallets like PayTM, JioMoney and Airtel Money.
Speaking about this, a senior Railway Ministry official said, The move is also expected to help scale up paperless mobile ticketing operation across the country in a big way. Unreserved ticketing forms a huge chunk of the railways` total ticket sale in a day and we want to tap this sector through e-commerce. The railways will not have to bear any cost for the facility. Instead, the public transporter is expected to earn from the selected e-wallet players commission on each ticket sold and retainer fees. Many top mobile wallet companies are keen on joining the railways. Talks are on to finalise the modalities. The move is a win-win proposition for both the railways and the mobile wallet companies.
