IRCTC Reports 12.99M Transactions For December 2011

Indian Railway Catering & Tourism Corporation (IRCTC), which manages the online rail ticketing for the Indian Railways, reported around 12.99 Million transactions for the month of December, of which almost 75.53% were successful. A failure rate of almost 25% is rather high, especially on such high volumes. What’s interesting to note is that despite it being the festive season, the number of transactions actually declined month on month by 0.7% between November and December 2011. SBI Debit Cards reported the highest number of transactions at 1.63 million, followed by the ICICI payment gateway at 12.66 million.