1. Session Moderator Sanjay Aggarwal General Manager/Operations IRCTC Prepaid Payment Instruments -Implementation & Challenges Panel Discussion

2. Discussion Points  Guidelines by RBI  If Prepaid is Best Instrument for Financial Inclusion/Micropayments ?  Prepaid – Cash to Cashless Society  Prepaid as US $ 20 bn Industry in 5 years ??

3. IRCTC In Business of Online Rail Ticketing Booked more than 6 Million Tickets or 12 Million Passengers in July 09 Peak Tickets – More than 2,62,000 in single day Average Tickets per day ~ 2 Lakhs Total Revenue in - July 09 > 500 Crore Total Revenue in 2008-09 > 4000 Crore Average Ticket size in around Rs. 850 Registered Users more than 10 million More Number of Non-AC Passengers (60%) (Still 25%-30% of Indian Railways)

4. Share of Payment Instruments CCredit Cards:31% NNet Banking:32% NNon-Banking:37% (37% has 2 Major Sub-headings) :21% Cash Cards :16% RDS

5. Meaning of 21% Share of Cash Cards Around 40,000 transactions per day or 12 Lakh transactions in a month Around 3.5 Crore worth transactions per day or More than 100 Crore transactions per month

6. Issues with Banks  Proliferation  Technological Issues  Operational Issues

7. THANKS !