India’s largest Mobile payment and e-commerce platform Paytm has announced that users can now pay with their Paytm wallets at unreserved bus ticket counters. Paytm has enabled cashless payments at bus counters operated by State Transport Undertakings (STUs) in Uttarakhand and Rajasthan.
With this step, Paytm has opened up the gates of convenience and commuting ease. The ticket booking process will be faster, more efficient and hassle-free now.
“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,” said Kiran Vasireddy, Vice President, Paytm.
Paytm users can simply scan the Paytm QR code and send the exact amount to book their bus tickets at zero transaction fee.
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.
Paytm also allows users to book train tickets via IRCTC directly from their website and app.