Paytm announces free cancellation on train bookings at lowest cost; offers instant 100% refund on Tatkal tickets as well
- Avail instant 100% refund on source account immediately after cancelling the ticket for all train ticket bookings including tatkal tickets
One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, has announced lowest premium on Free Cancellation for train tickets booked through the Paytm app. The premium at which the Free Cancellation is offered is lowest with as low as ₹15. The new money saving feature is expected to ease user experience and add convenience to their travel booking journey with Paytm.
Users can now cancel their train ticket, six hours before their departure or chart preparation whichever is earlier, hassle free and also get an instant full refund on their source account without having to state the reason for the cancellation. Most important thing is that users don’t have to wait for days to receive their refund. The feature is available for all types of train ticket bookings including tatkal tickets.
Paytm Spokesperson said, “As pioneers of mobile payments and QR technology in the country, we continue to bring the best user experience for travel bookings through the Paytm app. This feature also ensures that users are stress free while cancelling train tickets in case of emergencies and avail instant refund.”
On train ticket bookings, users can book tickets on UPI with zero payment gateway fees. Moreover, users can also check the live train running status and PNR status on the Paytm app which enables them to travel at ease and stress free. Paytm is the authorised partner of Indian Railway Catering and Tourism Corporation (IRCTC) and has empowered its users with a seamless and superfast train ticket booking experience. It has made ticket booking easy and secure, providing the flexibility of payment modes with Paytm UPI, Paytm Wallet, netbanking, debit cards, Paytm Postpaid (Buy Now Pay Later facility) and credit cards. The company is the preferred online platform for travel bookings and is an International Air Transport Association (IATA) accredited travel agent.
About Paytm
Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology.