BHARATQR Code as Payment Option on IRCTC Website

BharatQR code payment method is expected to go live on the IRCTC website within a month. It is a major revolutionary step because of interoperability. There will be one common QR code platform whether the payment is through MasterCard, Visa or RuPay. This will result in making payment experience much simpler and easier for consumers.
bharatqr irctc website

Talks with MasterCard and RuPay for this are in process. Visa is already included and mVisa ‘scan and pay’ option is already available on the IRCTC website. Currently, mVisa ‘scan and pay’ option is available on IRCTC payment page. mVisa is a QR code-based payment facility for Visa cardholders only.

How to use BharatQR code on IRCTC website?

When you go to IRCTC website there is an option to scan and pay. Once this option is selected, you will be required to enter the mobile number and email id after which a QR code will be generated on the screen. You have to just scan the QR code using a certified bank app and select the ‘pay’ option to make the payment.

What is BharatQR Code?

BharatQR code is a common QR code jointly developed by all the four major card payment companies—National Payments Corp. of India that runs RuPay cards, MasterCard, Visa and American Express—under the Reserve Bank of India (RBI).

what is bharatqr code

Users who use bank apps like HDFC Payzapp or ICICI Pockets, it becomes very easy to just scan the QR code and make payments rather than entering the PIN number and the amount.

With BharatQR going live soon, there will be more banking apps which will be able to process QR-based transactions.

More than 15 banks are fully integrated with BharatQR, including Axis Bank, Bank of Baroda, Kotak Mahindra Bank, HDFC Bank Ltd and ICICI Bank Ltd.

According to a report by IRCTC, the average daily sale of train tickets through the IRCTC portal, which is the world’s second busiest with more than 3 crore registered users, is around 5.5-6 lakh. It has registered a record 14,904 tickets per minute.

IRCTC offers various tourism-related services apart from train ticket bookings such as flight and cab/bus booking and hotel or lounge bookings.

In an attempt to popularize the use of QR-based payments, IRCTC and Visa have introduced a special offer for customers using mVisa (Scan & Pay) option on the IRCTC payment page which entails a discount of up to Rs50 for payments made between 5 May and 4 September.

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