CASHe companions IRCTC to launch ‘travel now pay later’ facility

AI-driven monetary wellness platform, CASHe, right this moment introduced that it has partnered with Indian Railways Catering and Tourism Corporation (IRCTC),, to offer a ’journey now pay later’ (TNPL) fee choice on its journey app, IRCTC Rail Connect.

This will allow travellers of Indian Railways to guide their rail tickets immediately and pay for it later in pocket-friendly EMIs, starting from three to 6 months. With CASHe’s fee choice, reserving and paying for rail tickets on the IRCTC journey app will now be simpler and hassle-free for thousands and thousands of Indian Railway passengers.

The EMI fee choice can be out there on IRCTC journey app’s checkout web page for passengers reserving their reserved and tatkal tickets. CASHe’s TNPL EMI fee choice affords a seamless person expertise by routinely qualifying all customers to avail the TNPL facility with none documentation

The IRCTC journey app has over 90 million downloads and powers over 1.5 million railway ticket bookings per day.

V. Raman Kumar, founder chairman, CASHe, stated, “This is India’s greatest journey now pay later embedded EMI fee journey with IRCTC of its sort. I’m delighted to say that our affiliation with IRCTC is one other step to succeed in out and speed up digitised EMI funds within the nation. This partnership can even tremendously support CASHe to succeed in out to the thousands and thousands of IRCTC’s prospects and supply them with a never-before and handy choice to journey now and pay for his or her rail tickets later in straightforward EMIs. The journey now and pay later as phase has seen exceptional progress and the message from the travellers is evident – they need the selection to pay for his or her journeys in instalments. With CASHe’s journey now pay later, we are going to considerably improve the fee comfort and suppleness for IRCTC’s prospects at checkout, thereby enhancing buyer expertise.”

CASHe’s distinctive proposition lies in its proprietary AI-based algorithm platform – Social Loan Quotient (SLQ). SLQ assesses the chance of a borrower based mostly on the person’s social and cellular information footprints thereby offering credit score to people who don’t qualify for credit score from typical lending. Besides providing quicker credit score choices, SLQ has enabled CASHe to seamlessly seize untapped markets among the many financially excluded sections of society. Its inexpensive rates of interest, on the spot processing and versatile compensation choices makes it India’s most most popular digital credit score platform.

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