Indian Railways incentives to promote digital payments

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New Delhi: In pursuance of the announcement made by Government of India for promotion of digital and cashless economy, Ministry of Railways has initiated some additional incentives and measures.

The following package of incentives and measures are effective from 1st January 2017.

1. Ministry of Railways has decided to instruct Yatri Ticket Suvidha Kendras (YTSKs) to install POS machines and accept payments through all banks debit / credit cards for issuing both reserved and unreserved tickets. They are encouraged to accept payments through other modes also like UPI, USSD, e-wallet, Aadhar enabled payments system.

2. Ministry of Railways has decided to instruct Jan Sadharan Ticket Booking Seva (JTBs) are also instructed to accept payments through other modes like UPI, USSD, e-wallets, Aadhar enabled payments system to issue unreserved tickets.

3. Ministry Of Railways have decided to allow 5% Discount for booking of Retiring Room through digital means like using debit / credit cards.

4. Ministry of Railways have decided that 0.5% discount in the base fare of season tickets (Monthly, quarterly, half yearly, yearly) over suburban section shall be granted in case the payment is made through digital means through debit card, credit card etc.. Other charges like MUTP surcharge, Mela surcharge, service tax etc., if applicable shall be levied separately on the base fare arrived at after giving the 0.5% concession.

Kerala IT News

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