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News Entry# 288527
  
Dec 13 2016 (18:15)  Mumbai CST goes cashless; PoS machine to be installed in all stations (www.freepressjournal.in)
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News Entry# 288527   Blog Entry# 2090013     
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Posted by: Jayashree ❖ Amita*^  35471 news posts
Mumbai: Chhatrapati Shivaji Terminus (CST) first point of sale (PoS) machine was fixed for digital booking on Monday. This PoS machine would be fixed at all station soon.
Indian Railways asked the State Bank of India and ICICI bank along with others to provide around 15,000 PoS machine at the reservation counter. Two windows of CST station have been fixed to make railway travel booking digital. From this machine you can swipe your debit and credit cards to get a ticket. In addition Lokmanya Tilak Terminus (LTT) will also be fixing PoS machines.
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railways ministry has also decided to go cashless for paying vendors and contractors. All expenses carried out by zonal and divisional railways will also be following this route.
Indian Railways already has 95% of its freight collection done through a cashless payment method. However, in the reserved category, it’s just 55%, though the unreserved and monthly pass categories it is 100% dependent on cash payments, as, payments made through cards was accepted

  
1663 views
Dec 13 2016 (20:06)
Together we achieve more   1923 blog posts   4 correct pred (66% accurate)
Re# 2090013-1            Tags   Past Edits
Good initiative...

  
1296 views
Dec 13 2016 (22:23)
srinivasvasanthi   3624 blog posts   13 correct pred (50% accurate)
Re# 2090013-2            Tags   Past Edits
All the Railway station counter / Reservation center also installed with POS Swipe machine early.Or Debit / Credit card transfer to the IR accounts have to be expedited early for cashless transactions with 2% concessions.

  
1259 views
Dec 13 2016 (22:24)
WELCOME JBP ET OHE OMG 😲 AGAIN~   10592 blog posts   14 correct pred (46% accurate)
Re# 2090013-3            Tags   Past Edits
जबलपुर, मदन महल पहले से है
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