Installation of Point Of Sale (POS) machines at various locations of Indian Railways
Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralaya)
No.2015/TG-I/10/Payment through electronic means (Pt 11 )/2016.
All Zonal Railways
(Commercial Circular No 69 of 2016)
Sub: Installation of POS machines at various locations of Indian Railways
Ref: Letter of Intent No 2015/TG-I/10/Payment through electronic means(Pt 11)/2016 issued to SBI on 09.12.2016
In view of recent decision of Government to promote cashless transactions, it has been decided to install point of sale (POS) machines at various locations of Indian Railways to allow cashless transactions using debit/credit cards. State Bank of India has been mandated to install 10,000 POS machines at various locations vide above referred Letter of Intent (LOI).
SBI offered following rates for installation, operation and maintenance of the services:
(Service charges extra as applicable)
The POS machines are required to be installed at various locations of Indian Railways in following order of priority:
1) All PRS locations
2) All UTS Locations at suburban stations
3) All Parcel / Goods locations where cash is accepted
4) Other UTS locations
At every location adequate number of POS machines may be installed as per the requirement to facilitate cashless transaction through debit/credit cards.
Railway Board is the process of framing a model agreement for POS machines in consulation woth SBI to be signed subsequently by Zonal Railways with SBI.
The accounting procedure for accountal of revenue collected from POS machines will be issued separately.
This issues with the concurrence of Financial (Commercial) and Accounts Directorates of Ministry of Railways.
CRIS may take necessary action to link POS machines with PRS terminals as per requirement.
(Amit Kumar Jain)
Director Traffic Commercial (G)
Click Here to Download the Original Order