Paytm , the online travel marketplace , on Friday announced that the users can now book train tickets via its app and website . The company has partnered with Indian Railway Catering and Tourism corporation ( IRCTC ) for this to make happen. On friday company announced that it is powering the payment gateway for the rail booking platform. This service by the Paytm comes after it announced that paytm wallet option will be available at IRCTC platform to make payments.
On Monday, Paytm announced that IRCTC tickets are now going to be available from Paytm's app and website. The company noted that in recent months, it has seen huge growth in its travel marketplace, and stated that its bus ticket business has broken even, while flights bookings have been growing at a 4x rate month on month since launch in May. With the availability of rail tickets via IRCTC, Paytm hopes to become the biggest travel booking destination across categories.
"At Paytm, our endeavour is to solve for every need of a traveller," said Abhishek Rajan, Vice President, Paytm. "Our alliance with IRCTC is a major leap as it completes the spectrum of air, road and rail ticket booking solutions available on Paytm. This is a significant milestone in our efforts to build India's largest travel marketplace."
Over the past many years Indian online travel market has seen an exponential growth and is getting bigger and bigger with every passing day. Indian online travel market is expected to reach $ 20 billion by the end of 2020 and paytm is riding on this vehicle of growth fueled with power of its app and mobile.
On Monday, Paytm announced that IRCTC tickets are now going to be available from Paytm's app and website. The company noted that in recent months, it has seen huge growth in its travel marketplace, and stated that its bus ticket business has broken even, while flights bookings have been growing at a 4x rate month on month since launch in May. With the availability of rail tickets via IRCTC, Paytm hopes to become the biggest travel booking destination across categories.
"At Paytm, our endeavour is to solve for every need of a traveller," said Abhishek Rajan, Vice President, Paytm. "Our alliance with IRCTC is a major leap as it completes the spectrum of air, road and rail ticket booking solutions available on Paytm. This is a significant milestone in our efforts to build India's largest travel marketplace."
Over the past many years Indian online travel market has seen an exponential growth and is getting bigger and bigger with every passing day. Indian online travel market is expected to reach $ 20 billion by the end of 2020 and paytm is riding on this vehicle of growth fueled with power of its app and mobile.
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