Indian railways' online booking portal IRCTC clocked estimated gross bookings worth INR 34 Billion for 2008-09, accounting for nearly 38% of total e-commerce market in India. Since its launch in August 2004, IRCTC has increased its share in total railways booking to 30%.
In the month of June '09, the website made bookings worth INR 4.3 Billion involving more than 5 million transactions. Of total value of transactions, credit card payment gateways accounted for the highest 31.4% share followed by debit card / net banking payment gateways with 30.8% share.
Within credit card payment gateways, ICICI gateway accounted for 54% share. Within debit card payment gateways, SBI accounted for 24% followed by ICICI Bank with 21% share.
Cash cards accounted for 25% share in IRCTC gross bookings; ITZ cash cards and Done card collectively accounted for 90% share in total cash card booking in June '09.
Cash cards accounted for 25% share in IRCTC gross bookings; ITZ cash cards and Done card collectively accounted for 90% share in total cash card booking in June '09.
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