Rail ticket booking row: IRCTC denies barring debit card payment option for several banks - News Summed Up

Rail ticket booking row: IRCTC denies barring debit card payment option for several banks


According to a report, Indian Railways online ticketing subsidiary Indian Railway Catering and Tourism Corporation (IRCTC) seemed to be in a tussle with some banks. The report claimed that the rail ticketing portal did not allow some banks' debit cards to book tickets online. It said that debit cards of all banks were accepted through the seven payment gateways on its website. RBI had earlier lowered MDR charges on payments made through debit cards to 0.25 per cent for payment up to Rs 1,000. SERVICE TAXIRCTC's website presently allows card payments from banks such as Indian Overseas Bank, Canara Bank, United Bank of India, Indian Bank, Central Bank of India, HDFC Bank and Axis Bank.


Source: India Today September 23, 2017 14:48 UTC



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