The Exceptional Benefits of ‘ePayLater’ Payment Option


Indian Railway Catering and Tourism Corporation Ltd (IRCTC) is at the fore front of providing online reservation facilities for Rail Travel across the country, pioneering internet-based rail ticket booking through its website, as well as from the mobile phones. Since inception in 2002, IRCTC has introduced several measures to change the face of railway ticketing in India right at the convenience of a mouse click.

To encourage digital payments for a cashless economy, IRCTC has already established itself as the market leader among other companies. Not only the conservative approach of online payments through Credit Cards and Netbanking, IRCTC currently caters to the ever-growing appetite for digital payments through introduction of Wallets, BHIM-UPI, Bharat QR and MPP. Presently, more than 70 payment service providers are incorporated on IRCTC’s eticketing website.

To continue its effort to grow digital payment ecosystem and to empower its customers with credit inclusive and simplified payment option, IRCTC has collaborated with “Arthashastra Fintech Private Limited” and  introduced “ePayLater“ payment option which allow customers to book Rail Tickets and pay for the amount later.

ePayLater! What is that?

ePaylater is an innovative solution that helps in online payment & provide a smooth customer checkout experience by reducing payment hassles and boosting transaction success rates. ePayLater eliminates the dependencies on any third party payment service providers such as payment gateways, banks etc. at the point of transaction, thereby providing an unmatched transaction success rate and security.

It is a payment option available at payment page whereby the customers can make booking on IRCTC using ‘ePaylater’ option. The option offers customers to book their ticket without any on spot payment, which can be later paid in 14 days, thus simplifying online payment process. Since customer is not required to enter any Credit/Debit Card number or bank account login or even refill of wallet, booking can be completed with just a tap.

Where it can be used?

  1. Flight bookings– The passengers can book flight either by using IRCTC Air website or mobile application that is available for both Android and iOS. To book an e flight ticket, all one needs to do is select the destination and flight and proceed for the payment option to choose the ePayLater facility. The passenger will be liable to pay the ticket amount within 14 days of the air travel booking online.
  2. Train tickets– To book the train tickets, the passenger is required to select the source and destination station and class of the train. Further, the passenger can easily opt for ePayLater option and pay for the e-ticket later. It is important to note that the same rule applies for Tatkal ticket booking. IRCTC processes more than 1 lakh Tatkal ticket bookings daily. The passenger can enjoy hassle-free train journey by booking Tatkal tickets and pay later for the same.
  3. Tour Packages– The facility of ePayLater is also available for tour packages offered by IRCTC. The corporation has made it easy for you to book your favorite domestic or international tour package and make the payment within an adequate period of 14 days.

How to Use?

To avail the facility of ePayLater, login to IRCTC account with correct User name and password. On payment page, select ePayLater payment option to book ticket. Customers will get a 14-day interest-free period from the date of booking to settle payments. Club all payments and pay later as per your convenience.


Indian Railway Catering and Tourism Corporation handles more than 8 Lakh ticket bookings in a single day. IRCTC constantly endeavors to provide latest options for making online payment for ticket booking.

Apart from the obvious benefit of offering credit to the customers of IRCTC, at a scale much wider than that of any other existing credit product, ePaylater offers the simplest possible checkout option for customers, making the online booking process absolutely seamless and at the same time ensuring high transaction success rate.