Cleartrip recently tied up with Itz cash to provide customers with a wide variety of payment options. This is certainly inline with cleartrip policy of providing more payment options to their customers as they just a month ago started accepting debit cards and international cards which is said to have boosted their sales by 10% .
They currently provide transaction through netbank,credit cards,debit card and this tie up will give them a foothold in the upcoming payment systems of cash cards and might ignite the use of mobi payment services in future.
To know how to use itzcash on cleartrip:
Paying with ItzCash cards for train bookings
Paying with ItzCash cards for flight bookings
Some alternative payment system available in India:
It is one of the fastest growing cash card service in India.It was started by essel group and offers a variety of sites and services under its umbrella and also has tie-up with many Internet service providers.
It is a mobile payment system and boast of 1 million users It recently tied up with airtel for a bigger maket visiblity.
The tie up between reliance and hdfc bank allows customers with hdfc bank credit card to make payments through their reliance mobile phone.
This is also based on mobile payment system.It has a very stringent security in check because every transactions are verified by auto IVR call back.
Although this is not exactly a payment system but it allows transactions to take place on the cell phones through their proprietary software with the use of variety of payment systems.
It provides two ways of transaction choice i.e one being based on java application for mobile and another through IVR.
Few other payment systems include Donecard and Icashcard.
Growth in use of cash card and mobi payment gateways could provide a big opportunity to modern day retailers as well as E-Commerce industry due to the low usages of credit card.
The future growth would definitely depend on transaction fees charged by these payment systems and the simplicity of use in their services.
Hi Raghav,
How often does Hrush allow u to lick his butt?
You seem really good at it!!
The tie-up between ItzCash and Cleartrip.com surely has opened doors to an exciting new avenue for making payments. Paying through the cash cards like ItzCash Card or other cards will ensure that the online payment options are made available to the population without having access to the banking instruments like cerdit cards and debit cards. It will be very premature to comment on the fact that these cards will give the plastic money pay option a run for their money but surely the end consumers will have something more to make a safer payment.