17% rail tickets in 2017-18 booked via digital payment: Rajen Gohain

About 17 per cent of railway tickets were booked through cashless modes of payment during the financial year 2017-2018, the government said today.

Railway tickets, Financial year, cashless modes of payment, Minister of State for Railways, Rajen Gohain, Rail users, Lok Sabha, Paytm
About 17 per cent of railway tickets were booked through cashless modes of payment during the financial year 2017-2018, the government said today.(Image: ANI)

About 17 per cent of railway tickets were booked through cashless modes of payment during the financial year 2017-2018, the government said today.  In a written reply to the Lok Sabha, Minister of State for Railways, Rajen Gohain said passengers are using different e-payment modes like credit/debit cards and net banking to pay for their tickets.  “Rail users have been provided the option to book tickets by making payments through various banks/payment providers including Paytm as an aggregator.

During the financial year 2017-2018 (up to June 2017), approximately 17 per cent of total tickets, both reserved and unreserved, were booked through various cashless modes of payment,” he said.  The national transporter has been promoting different modes of cashless transactions like Paytm, Mobikwik, mRupee, IRCTC eWallet, PayU, Freecharge, JIO Money, Ola money etc, he said.  The government had waived off service charges on railway tickets after demonetisation in November last, in a bid to encourage digital payments. The service charges ranged from Rs 20 to Rs 40 per ticket.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.