Tuesday, November 28

PhonePe Teams Up with IRCTC to Facilitate Digital Payments

The emerging digital payments player PhonePe which is owned by Flipkart announced that it has teamed up with Indian Railway Catering and Tourism Corporation (IRCTC) to make digital payments easier and smoother through PhonePe on the IRCTC Rail connect Android app.

This partnership will ensure the ease of payment with the help of PhonePe as a payment option on the IRCTC Rail connects Android app for their travel bookings. At present, the PhonePe app has options for payments through UPI, credit & debit cards and its own wallet.

“We are extremely delighted to partner with IRCTC which has been a trusted platform for India’s travel bookings. Through this partnership, we aim to boost digital payments across India. PhonePe offers IRCTC users the choice of using UPI along with all the other payment methods available on the app for quick and hassle-free payments,” said Karthik Raghupathy, head of strategy and planning PhonePe.

PhonePe has emerged as one of the largest players on the UPI network which witnessed over more than 100 million transactions as of July 2018. Along with this, the company was also awarded as an outstanding merchant UPI player at the NPCI excellence awards this year.

PhonePe is active on various online travel services that comprise of MakeMyTrip, ClearTrip, EaseMyTrip, Akbar Travels, Abhibus etc. And now, it will also be getting in association with IRCTC.

“This partnership gives IRCTC users a great travel booking experience and also provides the benefits of digital payments to a wider audience,” added Raghupathy.

The digital payment sector is gaining a lot of attraction these days. From travel booking to food delivery, most of the people are looking forward to digital payment.