Showing posts with label IRCTC. Show all posts
Showing posts with label IRCTC. Show all posts

Wednesday, August 26, 2015

Now, Shop with IRCTC RuPay Card

Now, Shop with IRCTC RuPay Card

Now passengers can do shopping by using the IRCTC RuPay prepaid card as Indian Railway Catering and Tourism Corporation has expanded its range of service.

IRCTC Union Bank Prepaid Card was launched in collaboration with the Union Bank of India and the National Payment Corporation of India in May.

Till now, the card was used only for rail bookings.

The services are now being extended to allow payment at merchant locations like restaurants, malls and also for online shopping as we have got the necessary permission for expansion of the service, IRCTC chairman and managing director A K Manocha said.

The card allows for easy transactions on the railway booking website, with the first five transactions each month offered free of transaction charges, and an attractive rewards point system on every transaction.

"The IRCTC Union Bank Prepaid Card has already notched up 7,000 users since its launch, and the number of prospective users is showing an upward trend," Mr Manocha said.

A PSU of the Railway Ministry, IRCTC had recently tied up with Amazon, a leading e-commerce company, to offer its customers the online shopping opportunities in addition to its regular travel ticket booking and hotel accommodation booking services.

"The IRCTC Union Bank Prepaid Card will further expand the online shopping preferences of our patrons, besides online rail ticketing," Mr Manocha said.

Sunday, April 5, 2015

Now, book railway tickets with RuPay pre-paid debit cards




Railway Minister Suresh Prabhu launching the IRCTC Union Bank RuPay Prepaid card

Railway passengers in the country can now book their tickets, do shopping and pay service bills using RuPay pre-paid cards, as the Indian Railway Catering and Tourism Corporation (IRCTC) launched the debit card service in the national capital on Tuesday.

The cards can be made available from UBI offices or through IRCTC online. Initially the service will be available for booking tickets and later on, facilities for shopping and bill payments will be added.

The service was launched by the IRCTC in collaboration with Union Bank of India and National Payment Corporation of India.

"It is a union with your bank for customers' interest," Railway Minister Suresh Prabhu said in the capital city while launching the IRCTC-UBI RuPay pre-paid card.

RuPay is the country's own card payment gateway network like Visa and Master Card, and provides an alternative system for banks to provide a debit card service.

UBI CMD Arun Tiwari said "the card holder will get free Rs 1 lakh accident insurance coverage as part of the benefits to customers."

In order to make the card attractive, reward points will be given on each transaction.
One can have the card with a loading limit of Rs 10,000 with partial Know Your Customer (KYC) details or Rs 50,000 loading limit with full KYC.

Manocha said the first five transactions per card every month done on IRCTC for purchase of train tickets will be free and no transaction charges will be levied to customers for six months only.
For every subsequent transaction post the free usage, customer will be charged Rs 10 per transaction.
The transaction charge would be Rs 10 per ticket for booking a ticket through the card on the IRCTC portal.

Prabhu said Railways was partnering with banks and financial institutions to promote passengers' interest.

"It is in line with Prime Minister Narendra Modi's financial inclusive programme as one does not need to have a bank account in UBI to have the card and you can avail it online also," the railway minister said.

IRCTC Chairman and Managing Director AK Manocha said the card was a first-of-its-kind in the market as both virtual as well as physical cards are being issued to customers in two variants.
IRCTC had signed an MoU with UBI for executing the RuPay card project.


Railways launch RuPay pre-paid debit card

Railway passengers can now book their tickets, do shopping and pay service bills using RuPay pre-paid cards, as the IRCTC launched the debit card service on Tuesday. The service was launched by the Indian Railway Catering and Tourism Corporation (IRCTC) in collaboration with the Union Bank of India and the National Payment Corporation of India.

“It is a union with your bank for customers’ interest,” Railway Minister Suresh Prabhu said here while launching the IRCTC-UBI RuPay pre-paid card. RuPay is India’s own card payment gateway network like Visa and Master Card, and provides an alternative system for banks to provide a debit card service.

Prabhu said Railways is partnering with banks and financial institutions to promote passengers’ interest. “It is in line with Prime Minister Narendra Modi’s financial inclusive programme as one does not need to have a bank account in UBI to have the card and you can avail it online also,” Prabhu said.

“It is a union with your bank for customers’ interest,” Railway Minister Suresh Prabhu said here while launching the IRCTC-UBI RuPay pre-paid card.

Railways launch RuPay pre-paid debit card
IRCTC Chairman and Managing Director AK Manocha said the card is a first-of-its-kind in the market as both virtual as well as physical cards are being issued to customers in two variants. Cards can be made available from UBI offices or through IRCTC online. Initially the service will be available for booking tickets and later on shopping and bill payments will be added.

UBI CMD Arun Tiwari said “the card holder will get free Rs 1 lakh accident insurance coverage as part of the benefits to customers.” In order to make the card attractive, reward points will be given on each transaction.

One can have the card with a loading limit of Rs 10,000 with partial “Know Your Customer” (KYC) detail or Rs 50,000 loading limit with full KYC. Manocha said the first five transactions per card every month done on IRCTC for purchase of train tickets will be free and no transaction charges will be levied to customers for six months only.

For every subsequent transaction post the free usage, customer will be charged Rs 10 per transaction. The transaction charge would be Rs 10 per ticket for booking a ticket through the card on the IRCTC portal. IRCTC had signed an MoU with UBI for executing the RuPay card project.