ePaylater has got into tie-up with IRCTC. With this, all IRCTC customers will now be able to buy now and pay later where customers will be able to buy tickets without wanting to make any payment at the time of transaction.
Do you get stuck up when you plan to book tickets during month end when your pocket is void? There is no need to worry as you can buy the ticket now and pay for it later. This handy tool helps in buying railway tickets with the help of e-wallet. With this, you get 14 days free time for paying back the money you borrowed.
As per recent reports, eligibility criteria will be put in place. The history of transaction of the customer will be taken under consideration along with their social media pages, among other parameters to check whether or not they are qualified for the service.
The co-founder states that the procedure is quite the same as applying for personal loan. When the loan amount is not paid within 14 days, there will be legal action taken against the respective customer.
Leveraging data science for solving challenges in real life is our ultimate focus, says the co-founder Uday Somyajula.