Tata Group’s mRupee to tie up with IRCTC to offer easy payment options
Dated: February 17, 2016
mRUPEE, a subsidiary of Tata Teleservices, has announced that it has tied up with Indian Railway Catering and Tourism Corporation (IRCTC), India’s largest e-commerce company, to provide an additional payment gateway. Indian Railways carries more than 23 million passengers a day and the association will allow users one-tap payments for rail ticket bookings via mRUPEE wallet for a significant number of travellers.
Indian Railway Catering and Tourism Corporation (IRCTC), is a subsidiary of the Indian Railways that handles the catering, tourism and online ticketing operations of the railways. Being the biggest e-commerce portal in India, it holds record of booking more 13 lakh tickets in a day. On an average, the portal sees approximately 4.5 to 5 lakhs bookings per day.
mRupee recently tied up with SmartD, a lifestyle management platform, which helps consumers in Chennai to explore delicious, healthy and affordable food every day. Earlier, the company had partnered with ICICI Bank to launch a recharge facility for Delhi Metro cards.
“We’re excited that these kinds of meaningful partnerships are helping to not only give our customers the ease of quick and convenient booking, but also give a thrust to the government’s mandate of enhancing wider adoption of digital money in India,” said Pradeep K Sampath, Chief Operating Officer for mRUPEE.