Wednesday , March 29 2017

IRCTC Train Tickets can now be booked using Paytm

IRCTC Train Tickets can now be booked using Paytm

Paytm is a familiar name among the young people today. It is a shortest way to pay for anything you buy. Paytm is a wallet through which you can make any payments from online shopping to mobile recharge and now railway bookings. Yes, you heard it right, now through Paytm wallet one can buy journey tickets online direct form the IRCTC website. Paytm in a recent event announced about the partnership with the railway board so that users can easily book their journeys with Paytm wallet.

IRCTC Train Tickets can now be booked using Paytm

How does Paytm wok?

Paytm is an online portal that was launched for the mobile recharge and to make mobile bill payments. After successfully served millions of users Paytm started to be partnered with many an organisations like online shopping portals, can service, grocery shops and what not. It has a mobile app through which the user can easily make payments at any time by entering the payee’s mobile number.

Paytm was an online service when it was started, but in recent times it started its offline service as well. The offline service aka Paytm Wallet is something similar to the purse we use. We keep our cash in our wallets and spend them whenever we want. Paytm wallet is a same service where you keep your cash and spend them whenever you want. Movie tickets, mobile recharge, post-paid bill payment and now railway ticket bookings – everything can be done through Paytm Wallet service.

Paytm and Train bookings

  • In last May, the company successfully started flight booking facility along with other payment facility through Paytm wallet. The company has managed to attract quite a large number of users who are currently using the app for flight bookings. Now this September the company has moved another step ahead and started railway booking through the same.
  • Paytm has become a payment gateway for the IRCTC website. When you want to book your tickets through online booking you just need to select Paytm Wallet from the payment option list. Then you can easily pay through your wallet.
  • Indian Railway, being the most popular way of transportation has added Paytm Wallet in their payment option for the easiness of the customers while booking for their tickets. Apart from ticket bookings users can also check the PNR numbers and look for trains and book them instantly. This facility is available in IRCTC mobile app as well. Once you open the app and book your tickets, you can get the payment option of Paytm wallet there.

Paytm and other payments

Though Paytm was launched to facilitate mobile recharge process but eventually it grows up to a biggie that supports movie ticket bookings, cab payments, offline wallets through which you can shop online, pay to grocery shops, bus bookings, flight bookings and other cashless payments.

Paytm and Indian Travel Market

Indian Travel Market has become one of the largest travel markets in the world today. The expected worth of Indian Travel Market will soon be reached at $40 Billion by the end of the FY 2020-21. Paytm on the other wants to become the largest platform of Indian Travel Market. Already the company has seen break-even situation for their flight and bus booking while the service of the hotel bookings have witnessed a small amount of profit in recent past.

The company is trying their hands on Railway Booking now which seems to be profitable as well because most of the people in India travel by train rather than flights. Paytm is on their mission to provide one-stop market for Indian travellers.

Paytm service with Indian Travel Market – Quick Review

Service Paytm Wallet
Nature Cashless payment service
Railway booking Yes
Service mode Offline / App based
Other facilities Search for trains, check for PNR numbers
Use of Paytm Through IRCTC App
Hotel bookings Yes
Flight bookings Yes
Bus bookings Yes

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