DELHI: Gurgaon based mobile wallet and payments network MobiKwik has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to launch e-cash payments for tatkal bookings.
“MobiKwik collaborated with Indian Railways to digitise payments on the IRCTC app and IRCTC FoodOnTrack app this year, and now we are powering payments for tatkal online that will help users book tickets almost instantly,” Upasana Taku, Co-founder, MobiKwik said in a statement.
MobiKwik said instantaneous e-cash payments will help tatkal online in managing the load of over a thousand ticket bookings per minute. The service will also help users in ensuring that their bookings do not get rejected due to payment delays.
On an average, over 15% daily train ticket bookings happen under tatkal, it said. Using Mobiquik, one can pay within 2 seconds to buy tatkal tickets. They would have to preload their MobiKwik wallet with the desired amount though.
MobiKwik became the first payment option on IRCTC Connect Android App in December last year. It was reported that approximately 25,000 – 30,000 tickets were booked daily via IRCTC Android app. With Mobiquik, the number was expected to go up more.
IRCTC online sales crossed $3 bn for the year ending March 2015 making it the largest ecommerce platform in India.
Other companies using MobiKwik’s services in India include Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, Café Coffee Day, PVR, BookMyShow, Grofers, Big Basket, Domino’s, Pizza Hut, eBay, MakeMyTrip, Cleartrip, and Yatra among others.
Musafir Namah Bureau