Railways to provide ‘Buy Now Pay Later’ option with ePaylater to give 14 days credit

Indian Railway Catering and Tourism Corporation or IRCTC has decided to make train passengers’ life much more easier especially of those who frequently book their tickets online using IRCTC website.

The new IRCTC feature is being enabled in partnership with Mumbai-based ePaylater which is a provider of “Buy now. Pay later” payment solutions, and is targeted at frequent online purchasers with a credit term of 14 days.

ePaylater says that the “Buy Now Pay Later” feature will be available to eligible customers who can book their railway tickets without paying at that moment. Under the new payment solution, customers at IRCTC can make the payment for their tickets within 14 days from the date of transaction.

“Those who want to opt for this service have to give their name, email ID, mobile number, their PAN card or Aadhaar details,” the IRCTC official said.

The officer also said that once the customer gets approval to use the feature, they would be sent an OTP (one time password) to enable them to use the service.

 

Sources: TOI

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