mRUPEE Now A Payment Option On IRCTC

by CXOtoday News Desk    Feb 15, 2016


Indian Railway Catering and Tourism Corporation (IRCTC) has tied up with mRUPEE, a subsidiary of Tata Teleservices, to provide an additional payment gateway. Indian Railways carries more than 23 million passengers a day and the association will allow users one-tap payments for rail ticket bookings via mRUPEE wallet for a significant number of travelers.

IRCTC that handles the catering, tourism and online ticketing operations of the railways holds record of over 13 lakh tickets booked in a day in April 2015. The portal sees approximately 4.5 to 5 lakhs bookings per day on an average.

“Today, mobile services have fast evolved beyond telephone calls and voice messages to take centre stage in an increasingly connected world. Our partnership with IRCTC adds to the tremendous reach of mRUPEE’s market. We’re excited that these kinds of meaningful partnerships are helping to not only give our customers the ease of quick and convenient booking, but also give a thrust to the government’s mandate of enhancing wider adoption of digital money in India,” said Pradeep K Sampath, Chief Operating Officer for mRUPEE.

“Through this service, we aim at delivering future ready infrastructure that not merely meets today’s expectations, but those of tomorrow,” he added.

mRUPEE has recently tied up with SmartD, a lifestyle management platform, which helps consumers in Chennai to  explore delicious, healthy and affordable food every day. Also, mRUPEE had earlier announced its partnership with ICICI Bank to launch a recharge facility for Delhi Metro cards.

MMPL also launched the Open Loop prepaid, VISA powered, card in partnership with RBL Bank (Ratnakar Bank). By obtaining a PaySmart card, mRUPEE customers are able to withdraw money from VISA licensed ATMs and also pay for goods and services at all merchants that accept VISA Debit/Credit cards nationally.

The company is present in 25 locations across the country with over 6,000 retail outlets and also cover mobile technologies, thus serving the financial needs of consumers through their retail and mobile networks.

Tags: mRUPEE, IRCTC, news