Payment statistics from IRCTC for March 2008
Nilesh has compiled an amazing set of graphs from the latest payment statistics released by Indian Railways IRCTC website for the month of March 2008.
For the uninitiated, this data is pretty interesting because IRCTC happens to be India’s biggest e-commerce website. This data can be used to extrapolate and get an insight into the e-commerce statistics in India.
- Credit cards are the most prevalent form of payment on IRCTC website with 43% of all payment occurring via credit cards. Cash cards came in at a surprising, strong 28%
- ICICI payment gateway (PG) accounted for 54%, HDFC PG accounted for 21% and Citibank PG accounted for 20% of all credit card transactions
- Of the cash cards, ITZ Cash card accounted for 51% while DONE card accounted for 47% while TRANS I card accounted for 2% of the transactions
- Transactions via Citibank PG had a pretty high rate of failure
There are a few additional charts over at Nilesh’s blog. Hop on over there to review the rest.
Similar Posts
Comments
4 Responses to “Payment statistics from IRCTC for March 2008”
Recent Comments
- Selva on EduCell is a startup by IITians for aspiring IITians
- Rajat on MeraMaal – classifieds site for Indian cities
- Ruchir Gupta (Educell Team Member) on EduCell is a startup by IITians for aspiring IITians
- Aanchal on MeraMaal – classifieds site for Indian cities
- analyst on MeraMaal – classifieds site for Indian cities
Recent Posts
Categories
Archives
Most Popular Posts
* Herd mentality and Indian startups* Comparison of payment gateways in India
* Economic Times launches Power of Ideas to promote entrepreneurship
* Comparison of online travel portals in India
* Bangalore gets residential WiMAX from Reliance, enterprise WiMAX from VSNL
* Comparison of online travel portals in India - few observations
* IndyaRocks really rocks
* Web hosting reviews for India
* Entrepreneurship in India - hype or happening ?
* What is your biggest fear about becoming an entrepreneur ?
Cash Card transactions are 28%, because most of the Travel Agents use cash card, and a lot of people who don’t have internet access, book tickets through agents.
Surprised with the high usage of cash cards. I had never used one till now. Also new to me that it is the largest e-commerce portal
RK
http://theindiastockmarket.blogspot.com/
@hemant – that definitely maybe a possibility