Indian Railways on 24 March 2015 launched its own RuPay
pre-paid card.
The card will enable passengers to book their Rail tickets
and do shopping using RuPay pre-paid debit cards. Card can be availed from
either the Union Bank or the IRCTC.
The RuPay pre-paid card was launched by Indian Railway
Catering and Tourism Corporation (IRCTC), the Railways' tourism and catering
arm, in collaboration with the Union Bank of India.
RuPay is India's own card payment gateway network and
provides an alternative system for banks to provide debit card service.
The transaction charge will be 10 rupees per ticket for
booking a ticket through the card on the IRCTC portal.
As an opening offer, the
transaction charge will not be levied for six months for purchasing tickets on
the IRCTC's website. The initial value of the card is 10000 rupees, which can
be recharged.