IRCTC March 2012 Data: 29.90% transactions via credit cards, 27% failure rate overall

In March 2012, IRCTC recorded 15305903 transactions, out of which credit card drove 29.89%, netbanking/debit cards 52% and cash cards, 8.1%. Here is a quick snapshot from IRCTC payment gateway performance data for March 2012:

– 72% success rate in credit/debit cards transaction, led by AMEX payment gateway (82.31%).

– Only 69% success rate in netbanking/debit cards transaction. SBI and IndusInd bank lead the netbanking chart (77.08% and 76.60%), followed by SBI Associates, Indian Bank and Federal bank.

– As far as cash cards are concerned, the overall successful transaction rate was 86%.

– In total, 15305903 transactions were attempted, out of which 73.68% were successful. There is a an increase in the number of transactions between Feb and March (9.7%), owing to the summer holiday season.