Paytm, a digital payments company, announced that it has expanded its partnership with the Indian Railway Catering and Tourism Corporation (IRCTC) to provide consumers with digital ticketing services via Automatic Ticket Vending Machines (ATVM) installed at railway stations across the country. Passengers will be able to scan QR codes generated on the screens to purchase unreserved train ride tickets, platform tickets, renew their seasonal tickets, and recharge smart cards.
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Paytm’s latest ATVM digital payment solution is in addition to the company’s other railway-related offerings, which include e-catering payments and reserved train ticket booking via its smartphone. The new function is part of the company’s nationwide campaign to promote cashless transactions and digital payments.
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