IRCTC to Enable 'Buy Now Pay Later' Feature in Partnership With ePaylater

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The Indian Railway Catering and Tourism Corporation, popularly known as IRCTC, soon after adding cash on delivery service for railway tickets, is all set to add another feature for booking tickets. You can soon buy your railway tickets via IRCTC website and pay later, which could reduce the hassle of going through the payment process at the time of booking.

The new IRCTC feature is being enabled in partnership with Mumbai-based ePaylater which is a provider of "Buy now. Pay later" payment solutions, and is targeted at frequent online purchasers with a credit term of 14 days.

ePayLater says that the "Buy Now Pay Later" feature will be available to eligible customers who can book their railway tickets without paying at that moment. Under the new payment solution, customers at IRCTC can make the payment for their tickets within 14 days from the date of transaction.

You Can Soon Buy Train Tickets From IRCTC and Pay Later -  
 
The Indian Railways has introduced a new facility to book Tatkal tickets that is set to make the booking process much simpler. The website of Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) has rolled out the facility that works on a book now and pay later mode wherein a customer can book an e-ticket and pay the fare within a period of 15 days through the website.

Minister of State for Railways Rajen Gohain gave this information in a written reply to a question in Lok Sabha on Wednesday. In a press release on the same day, the Ministry of Railways informed that the facility will be powered by M/s Arthashastra Fintech Pvt. Ltd.

Indian Express
 
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