IRCTC has clocked a total of 6547581 number of successful transactions in the month of January 2010.
In total, there were 77% successful transactions across all the payment categories.
As far as total transactions are concerned, 23% is a huge failure rate and questions the efficiency of payment gateways.
- 73% success rate for credit/debit cards, 71% success rate for Net Banking, while Cash Cards drive the maximum ratio – 82%.
- Interesting to note that debit cards/net banking ruled the transactions (39.7%), followed by Credit cards (26.9%) and Cash Cards (13.1%)
- Among the cash cards, Itz Cash cards constituted 76% of the transactions, followed by I Cash and Done card.
Download the Jan data from here.
If IRCTC has 77% success rate, imagine what ecommerce startups go through.
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