Paytm has announced that it users will be able to pay at inter-city bus counters with their Paytm Wallets. Currently, only bus counters operated by state transport undertakings (STUs) such as Uttarakhand and Rajasthan accept Paytm. However, the company has said that it is working to partner with other state-owned and private bus operators.
Read the complete press release below
India’s largest mobile payment and commerce platform, Paytm has enabled cashless payments in what was so far a cash-only sector, unreserved bus tickets. Ticket counter staff can now bid goodbye to the hassles of dealing with loose change and the delays associated with it.
Travellers can now pay at inter-city bus counters with their Paytm Wallets. This is a revolutionary step as the sector has been unorganized and dominated by cash even after the advent of digital payments through credit and debit cards.
With this step, Paytm has opened up the gates of convenience and commuting ease. The ticket booking process is faster, more efficient and hassle-free now. Paytm users can simply scan the Paytm QR Code and send the exact amount to book their bus tickets. The entire process is now digitized with records of transactions in a jiffy at zero transaction fee.
Kiran Vasireddy, Vice President - Paytm said, “With this use case, Paytm has achieved a breakthrough in bringing digital payments to the unreserved bus ticketing sector. This is only a sneak peek into how the convenience of Mobile Wallets can revolutionise the transport sector.
Going forward, we will enable the Paytm Wallet at various state owned as well as private operators to drive our vision of making payments cashless across India.”
Currently bus counters operated by state transport undertakings (STUs) like Uttarakhand and Rajasthan accept Paytm. The company is actively working to forge partnerships with other state-owned and private bus operators and bring them on-board. This move is an important step in the vision of making cashless transactions a way of life across all consumer segments and demographic profiles in India.
Other Popular Deals
- The 10 best job hunting apps on AndroidTop 10 Android launchers (June 2017)
- The 10 scariest horror games on AndroidAndroid app stores: 5 best alternatives to Google Play Store
- Best Android apps for rooted devices18 apps for a memorable Valentine's Day
- Top 15 Android games that you should playThe 20 best looking games for mobile phones
- 8 Android apps to tickle your funny bone17 must have apps for any Android device (plus alternatives)
- 5 apps to get the Android Lollipop look on your smartphoneTake control of your Android device with these apps
- 7 weird and strange apps for your Smartphone10 neat Google apps you may not know of
- 10 essential Indian apps for Android devicesPerfect Viewer