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Book Your Rail Tickets from Mobile Recharge Vendors. Your Phone may also be able to Book Tickets Soon.
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The railways plan to tap some 100, 000 recharge vendors and mobile phone service providers to offer cellphone ticketing across India.
“When you go to a recharge shop for a top-up, all you need to do is to ask the vendor to also accept separate payment for the railway ticket. The money deposited for the ticket will be transferred to the service provider through a mobile phone transaction into a designated account. The service provider, in turn, will transfer the money to the railways,” said a senior railway officer.
The consumer then receives a pin number which he has to key in at a Railway Kiosk and print his ticket. It’s a model that is widely followed by International Airlines (the Kiosk Model i.e.). Pins in International Markets are generated through the Internet while payments are made through credit cards. The Indian Market is quite different and hence the advent of M – Commerce for ticketing.
Are we seeing the advent of the mobile wallet?
For Mobile Recharge Vendors, this service, which is already being tested in Mumbai – means another revenue stream. That may not last for long however, as the next step for the Railways, Mobile Operators, and cash transfer companies is payment through individual mobiles.
According to our sources, the IRCTC has tied up with Paymate and they are working towards purchase of tickets through the mobile phones of individual consumers. It’s entirely possible that PayMate is one of the intermediaries involved in the current move to sell tickets through mobile recharge vendors.
The Indian Railways would definitely like to increase their ticketing sales through mobile, which currently are at a dismal 2000 tickets per day, miniscule when compared to the possibilities that are associated with the mobile coupled with the reach.
On another note, we have received information that the Life Insurance Corporation of India has also recently tied up with PayMate in a move that should soon enable consumers to pay their LIC Premiums via mobile.
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i also heard that Paymate is going in for using the mobile for selling Railways unreserved tickets which is a larger market than selling resrbed tickets !
This is bigger than IRCTC - 1 million, unreserved 15 million a day. Wow this big. Could this be the killer app for mobile ?
Gautam Kumar
It will be nice if paymate bring the railway tickets booking, Mobile recharge service is already available in http://www.fastrecharge.com