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The Tatkal Scheme is a ticketing program established by Indian Railways. The scheme is used for booking journeys at very short notice. The Indian Railways introduced it in all forms of reserved classes on almost all trains in India. It was introduced in 1997, when Nitish Kumar was the Railway Minister of India. [1] Bookings can be made online ...
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform. The Unified Payment Interface (UPI ...
If this happens the other RAC ticket holder can then convert the 2 seats into a berth. [3] Generally, RAC/WL tickets will have two numbers - RAC8/RAC2, WL20/WL15, WL12/RAC2, etc. The first number shows the status of the ticket at the time of booking. The second number after the slash (/) shows the current status of the ticket.
When a customer orders a product from a payment gateway-enabled merchant, the payment gateway performs a variety of tasks to process the transaction. [2] [failed verification] The order is placed. The payment gateway may allow transaction data to be sent directly from the customer's browser to the gateway, bypassing the merchant's systems.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17. [14]
In January 2019 the Indian government updated e-Visa rules for all eligible countries. The validity of Indian e-tourist and e-Business Visa was increased from 60 days with double entry to up-to 1 year with multiple entries. The validity count starts from the day of being granted the e-visa online and not from the day of physical entry as before ...