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Government of India is encouraging people to move towards a Cashless Economy.
Cashless Economy can be achieved when the use of cash within the economy is gradually reduced and all
transactions are made through electronic channels such as direct debit, credit and debit cards,
electronic clearing, and payment systems such as Immediate Payment Service (IMPS),
National Electronic Funds Transfer (NEFT) and Real Time Gross settlement (RTGS) in India.
The advantages to citizens of a country in a Cashless Economy are:
The advantages to citizens of a country in a Cashless Economy
Indian Railways offers cashless ticketing option to its customer
through internet ticketing on IRCTC website for booking reserved
tickets. More than 58% of the train accommodation is reserved through
e-ticketing. IRCTC also provides option for purchasing Season Tickets
for suburban train services on Western and central Railways. Facility
for purchasing unreserved tickets through mobile phone is available at
DELHI, Mumbai, Chennai, Kolkata and Secunderabad. Further Automatic
Ticket Vending Machines dispensing unreserved tickets using smart
cards are provided at over 1000 locations over CR, ER, ECoR, NR, NER,
NWR, SR, SCR, SER, SECR, SWR, WR and WCR. The Smart Cards can be
purchased from nominated counters at the stations.
Indian Railways seeks your cooperation and support in helping
the Government and Nation in creating a cashless economy.