India’s first converged payment solutions company, Razorpay, on Wednesday announced its collaboration with Indian Railway Catering and Tourism Corporation (IRCTC) to help customers make online payments on IRCTC website and mobile app through Unified Payment Interface (UPI), in addition to payments through netbanking, wallets and credit/debit cards.
Now any passenger with a mobile phone and a bank account will now be able to pay through UPI for booking train and air tickets online and enjoy a seamless checkout experience as it removes the hassle of typing card details or netbanking/wallet password.
Razorpay’s partnership with IRCTC is intended to offer a frictionless payment experience to consumers through the UPI channel and help users get comfortable with digital money, which will eventually help in increasing adoption of digital payments.
Powered by robust technology and a secure platform that works with multiple levels of security encryption, Razorpay’s payment gateway will process more than a million transactions a month on IRCTC website and mobile app.
