IRCTC to Launch its Own Payement Gateway Soon
Indian Railway Catering and Tourism Corp. (IRCTC), a subsidiary of Indian Railways is all set to launch its very own payment gateway service targeted at gaining more revenue and reducing its dependency on third-party payment service providers, as reported by two people involved in the matter.
IRCTC, which currently is the largest consumer internet firm in terms of revenue and sells about 1.2 million tickets a month, is soon heading with its own payment gateway which is being called "i-pay" internally, as confirmed from people who spoke on the promise of anonymity.
"I-pay" is ongoing its testing phase and will be rolled out soon to add to the list of many payment gateways that currently facilitate online transactions on its platform. Once successfully launched, IRCTC in-house payment ...