Indian Railways expands discount scheme on tickets booked by UPI

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Indian Railways has declared that it has extended the discount scheme on booking train tickets at station railway counters by Unified Payments Interface (UPI) / Bharat Interface for Money (BHIM). Actually this is good news for those who travel regularly on Indian Railways. Piyush Goyal-led Indian Railways has declared that it has extended the discount scheme on reserving train tickets at station railway counters. 

As per the national transporter, the provision of 5 per cent discount o­n the total value of basic ticket price o­n booking of the reserved ticket by UPI comprising of BHIM application across computerized Passenger Reservation System (PRS) counters at railway stations is now increased up to 12 June 2022.  This year, it was announced by the National Payments Corporation of India (NPCI) that the number of transactions through this BHIM UPI more than doubled to Rs 273 crore in March 2021 and around 125 crore transactions happened through BHIM UPI.

The main steps involved in the  process of payment & booking are that one  has to go to the station ticket counter and give the destination station details, total number of travellers and other travel details. After setting all the major details the person at the counter will choose UPI as the payment option. The counter person will inquire the customer to give their Virtual Payment Address (VPA).

Then the counter person at the station will set the VPA to begin the transaction. After that, the customer will get a payment request on his/her BHIM application to finish the payment. The customer will want to agree to receive the payment request and then the passenger’s linked account will be debited. Once the transaction is over, the person at the counter will print the train ticket for those customers.

During the month, the price of UPI transactions was at Rs 5,04,886 crore against that of a price of Rs 2,06,462 crore in the year-ago month. Counters at railway stations are now expanded up to 12 June 2022. And the provision of 5 per cent discount o­n the total value of basic ticket price of booking of the reserved ticket by UPI involving BHIM application across computerized PRS Discount on Indian Railways Train Tickets

  

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