RuPay prepaid debit card service launched by railway | Fusion - WeRIndia

Railway passengers are now able to book their tickets, do shopping and pay service bills using RuPay pre-paid cards, because the IRCTC launched the debit card service today.

The service was launched by the Indian Railway catering and commercial enterprise Corporation (IRCTC) together with the Union Bank of India and also the National Payment Corporation of India.

RuPay is India’s own card payment gateway network like Visa and Master Card, and provides another system for banks to give a debit card service.

Prabhu aforementioned Railways is partnering with banks and monetary institutions to market passengers’ interest.

IRCTC Chairman and administrator A K Manocha stated that the card could be a first-of-its-kind within the market as both virtual as well as physical cards are being issued to customers in two variants.

Cards are available from UBI offices or through IRCTC on-line. Initially the service will be obtainable for booking tickets and later on shopping and bill payments are going to be added.

UBI CMD Arun Tiwari said “the card holder will get free Rs.1 lakh accident insurance coverage as part of the benefits to customers.” Customers will get reward points for each transaction.

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