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Cashless Initiatives in Indian Railways

News and Press Release - Dated:- 3-2-2017 - During the period from April, 2016 to December, 2016, approximately 59% of total reserved tickets were booked through cashless mode i.e. through internet or through credit/debit cards across counters. Also, cashless transactions in case of freight business is more than 99%. With a view to further promoting cashless transaction, it has been decided to install 10,000 Point of Sale (POS) machines in association with State Bank of India at various location .....

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