In another significant step towards Aatma Nirbhar Bharat, Make in India, and Digital India, the IRCTC of Indian Railways in collaboration with the State Bank of India (SBI) launched a contactless credit card on RuPay platform, today.
Minister of Railways and Commerce & Industry, Piyush Goyal launched the new co-branded contactless credit card today dedicating it to the service of the nation. The Minister, while addressing the occasion said, “We are strongly committed to making Railways ‘Aatma Nirbhar’ in all the fields with ‘Make In India’ initiatives as envisaged by the Prime Minister. The IRCTC SBI co-branded card working on RuPay Platform is one of the many “Make In India” initiatives undertaken by the Indian Railways.”
The RuPay credit card is equipped with Near Field Communication (NFC) technology whereby the users can expedite their transactions at the POS machines by just tapping the card on the machines without requiring to swipe the card. Moreover, as the card has been designed considering the needs of the frequent railway travellers, the credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers.
Further, benefits include a 10 percent value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car & AC Chair Car bookings made at IRCTC website. The card also offers online transaction fee waiver (1 percent of the transaction amount), 1 percent fuel surcharge waiver and four premium lounge free access at Railway stations in a year (one per quarter). Moreover, the cardholders will receive 350 bonus reward points upon activation of the card with a minimum spent. The users can redeem the accumulated reward points against the purchase of train tickets on IRCTC’s ticketing website. besides savings on rail travel, the IRCTC SBI card also offers several benefits for online shopping portals. The available discounts and offers can be claimed while shopping at e-commerce sites.
With RuPay’s increasing market share and gaining popularity among Indian customers, the RuPay powered IRCTC SBI Co-branded Credit Card is yet another step to provide RuPay users a delightful shopping experience.
The card together substantiates the commitment of IRCTC, SBI Card and RuPay for promoting the Digital India initiatives and aims to ensure a safe, convenient and improved travel experience for the rail passengers.
(With inputs from PIB)