Latest GK GS

Updated By: LatestGKGS Desk

Indian Railways: IRCTC is about to launch a payment aggregator system

 

 

IRCTC will launch IRCTC-iPay in August

India’s biggest ticketing site will launch its own payment aggregator system called IRCTC-iPay, which will accept payments through all debit, credit cards, net banking UPI and digital wallets.

Details of the payment aggregator system

IRCTC-iPay will be available on irctc.co.in by August 18 as PCI-DSS security certificate has been granted to IRCTC. The payment aggregator system will be integrated directly with most of the banks and will help in the faster resolution of the refund cases.

At present, only six banks are listed in IRCTC’s debit card payment option. These are State Bank of India, Indian Overseas Bank, Canara Bank, HDFC Bank, Axis Bank, and United Bank of India.


 

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