Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment

Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment

Gurgaon-based mobile wallet company, MobiKwik, is now the first payment option on IRCTC Connect Android App.

Indian Railways travellers can now use MobiKwik to book railway tickets in a convenient and secure manner from their smartphones. With approximately 25,000 – 30,000 tickets booked daily via IRCTC Android app, MobiKwik expects to spike the per day online ticket sales through its mobile wallet usage for payments.

MobiKwik also plans to extend this on IRCTC’s other digital platforms.

Speaking on the development, Bipin Preet Singh, founder & CEO at MobiKwik said, “MobiKwik wallet offering utmost ease and security in transactions, is bound to spike pan India booking of rail tickets via IRCTC mobile app. Thus, partnering with IRCTC, which drives the largest number of digital transactions in the country, we give a thrust to the government’s mandate of boosting wider adoption of digital money in India.”

Currently, MobiKwik does over 500 daily railway bookings on the IRCTC app with an average ticket of INR 700.

Crossing online sales worth $3 Bn for the year ending March 2015, IRCTC became the largest ecommerce platform in the country.

Other companies currently using MobiKwik’s services include Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, Café Coffee Day, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Domino’s, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Star Sports, GoDaddy, MakeMyTrip, Cleartrip, and Yatra.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment-Inc42 Media
Mobikwik Becomes The Primary Wallet For Payment For IRCTC; Aims To Provide Hasselfree Payment-Inc42 Media
You’re in Good company