Main HighLights:


1. Customers able to but tickets without paying.
2. Customer will able to pay ticket amount in 14 days.
3. IRCTC enable the feature in the coming days.

 

Indian Railway Catering and Tourism Corporation, popularly known as IRCTC Soon add a feature for booking tickets. Users can purchase tickets via the website and pay later. Mumbai-based ePayLater has the partnership with IRCTC to offer "Buy now, Pay later" service. 
First Time customers will need to provide EMAIL ADDRESS, MOBILE NUMBER, AADHAAR CARD AND PAN CARD details to checkout. After that customers can complete transactions just providing the One-time password(OTP). 
As per ePayLater aims to capture 5% of 6 lakh transactions done per day via IRCTC website and app. "We are excited with this development. At ePayLater, it's been our primary focus to leverage data science to solve real-life challenges. Partnering with India's largest online portal is a strong testimony to our technology and analytics leadership. By providing customers with this deferred payment option we not only simplify the checkout experience but also help them manage their short term income-expense mismatches better."ePayLater founded 2015 by Saxena in December 2015 and based in Mumbai.The company accepts payments online through NEFT. This process almost same as a personal loan. If anyone fails to pay, Legal action will be taken.