IRCTC launched its own digital payment aggregator called ‘IRCTC iPay’. With iPay, passengers will not need any third-party platforms as it will provide payment options like credit card, debit card, unified payment interface and international card.
This will help reduce the gap between IRCTC and banks which will eventually lead to a substantial reduction in payment failures. The back-end support will be provided by Delhi based MMAD communications, which is IRCTC’s technology partner.
Source: Business Standard