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The recent demonetization of the high denominations to fight against black money by PM Narendra Modi, has given a new wave to the cashless economy, which is gradually engulfing the entire nation, along with the Indian Railways.
Having limited or no cash, and ATMs running out of money, is a pretty common sight these days. Hence, the Indian Railways will soon initiate a new service and allow passengers to book train tickets directly via e-wallets, including Paytm, Airtel Money, JioMoney, Freecharge and other e-wallets, rather than just depending on the slow IRCTC website, or standing in long queues.
With this measure, the Indian Railways are aiming to build a paperless and cashless economy, and in turn help passengers to book tickets whenever they want, even in scenarios when they have no cash, via these e-wallets.
The Indian Railways department is supporting and promoting cashless and paperless ticketing system, and will soon discard people standing in long queues to book tickets, an old story.
IRCTC To Depend on e-commerce Websites
With the recent count, there are nearly 2 crore passengers who travel via Indian Railways almost every single day, out of which only 6% avail the reserved route of booking tickets, whereas, other 94% tickets are unreserved ones.
Hence, this is the reason that Indian Railways wants to convert completely paperless, through the e-commerce websites.
IRCTC’s Goes Cashless, Paperless
Indian Railways have recently launched their own mobile app in order to enable cashless and paperless booking of their unreserved tickets, this app is being used by various sub-urban regions including Chennai, Mumbai, and Delhi-Palwal.
In 2016, IRCTC has also launched UTSOnMobile app that will allow passengers to automatically download their tickets and go paperless, and avoid taking a paper printout of the same.
IRCTC Collaborates With e-wallets
Indian Railways will soon join hands with commercial e-wallet players like Paytm, Airtel Money, Freecharge and other related apps.
The decision has been initiated right after the railway officials certainly realized that people often use these apps to book movie tickets, pay bills and more, and hence it can be an easier way for the passengers to book tickets without any hassle of carrying cash or standing in long queues.
Road Ahead For IRCTC
It was recently that Indian Railways declared Aadhaar card to be a mandatory document to book any kind of train tickets, which build a lot of anger among the users. However, IRCTC will soon allow passengers to book both reserved and unreserved tickets using one Aadhaar Card and pay via e-wallets.