New Delhi: In an effort to promote digital payment, the Railways has deployed an additional 465 points of sale (PoS) machines at 217 locations across the country.

Additionally, the Railways aims to install 10,000 PoS machines at all the passengers reservation centres, major parcel offices and suburban stations in order to facilitate cashless payment by 31 December.

ALSO READ: Why demonetisation has been disruptive for India

The Railways also plans to encourage people to use cashless modes of payment by providing a 0.5% discount on season tickets purchased digitally with effect from 1st January 2017. In addition, a 5% discount will be given on online payment for services such as e-catering and booking of retiring rooms. Also, free insurance would be provided for tickets booked online.

At present, 58% of the reserved Railways tickets are booked through cashless modes of payment like net banking, cards and e-wallets on the Indian Railway Catering and Tourism Corporation (IRCTC) website.

ALSO READ: Rahul Gandhi steps up attack on Narendra Modi over demonetisation move

The Railways is now in the process of digitalizing the payment of the remaining 42% of reserved tickets along with providing incentives for season ticket holders in the suburban as well as non-suburban segments to make transactions entirely cashless.

My Reads Logout