“e-wallet Scheme” launched by IRCTC
The Indian Railways Catering and Tourism Corporation (IRCTC) launched e-Wallet Scheme to make payment process fast and to reduce transaction failures due to bank payment related problems. (IRCTC is a public sector undertaking of the Ministry of Railways). At present, one has to make the payment for the fare of the ticket, while booking e-ticket, through Credit card, Debit card or Net banking.
- A rolling deposit scheme wherein the customers will have an account with the IRCTC and deposit money to be used in future for booking e-tickets from its website (www.irctc.co.in).
- Names of all passengers booked on a fully wait-listed e-ticket are dropped at the time of preparation of reservation charts and fare is refunded automatically.
- In case of ticket cancellation, the due refund will be credited to the e-Wallet account next day.
- Available for PAN verified users only.
There is no difference between e-tickets booked through e-wallet scheme or those booked through other payment options available on the website.
Click here for e-Wallet User Guide: eWALLET User Guide
Categories: Business, Economy & Banking