wordpress blog stats
Connect with us

Hi, what are you looking for?

Cleartrip launches partial pay feature for flights and hotels

cleartrip

ClearTrip has launched a partial pay feature that lets users pay only the cancellation fee upfront for pre-reserving their tickets. Users then need to pay the remaining amount 4-5 days before the journey commences, else the ticket will be considered as cancelled and the deposited fee is charged as such. The cancellation fee differs on different ticket prices.

Only for domestic travel

As of now, the feature is available only on domestic flight and hotel bookings and can be found on the payment page. Here the user is presented with an option to either pay the full amount or a non-refundable part amount. If paying partially, users then need to pay the difference up to three days before the day of journey, or else the balance is forfeited. Note that logged in users using the expressway feature are unable to see this option.

This is an interesting move by Cleartrip, as users who might not have the money to pay upfront can now pay when they have the resources. However, note that Cleartrip specifies the cancellation charges depend on the airline, sector, class of booking, and time of cancellation and that the company charges a cancellation fee of Rs 250 per passenger per sector. As such, depending on the airlines etc., the partial payment might add up to a significant amount.

53% of Cleartrips traffic is mobile

Advertisement. Scroll to continue reading.

53% of Cleartrip’s overall traffic and 40% of all transactions on the platform came from mobile, the company had said in April. Overall, the platform saw a 26% growth in quarter-on-quarter (QoQ) traffic, and a 31% growth in air+hotel transactions during the same time period. Note that despite half of its traffic coming from mobile, Cleartrip made it clear that it would continue operating its desktop and mobile websites.

Recent developments

Cleartrip apps: In April, Cleartrip introduced a new application for the Apple Watch. The app provides users with information about their upcoming flights. When 24 hours are left to the flight’s departure, a glance at the watch changes to show the flight number, current flight status and updated departure time. In December last year, the company updated its mobile apps to include in-app rescheduling for domestic flights. This feature lets customers reschedule part of their trip or whole, or for one passenger or all, from within its app.

Concur acquisition: It’s worth noting that enterprise software maker SAP signed an agreement to acquire the NASDAQ-listed travel and expense management company Concur Technologies in a deal valued at around $8.3 billion. Concur is a significant stakeholder in Cleartrip, with the company increasing its stake in Cleartrip in January last year, by buying out the stake of Sherpalo Ventures and Kleiner Perkins Caufield & Byers (KPCB) for $5.4 million.

Concur’s total investment in Cleartrip currently stands at $68.3 million, a total of 24.2% stake. This includes a $40 million investment for undisclosed minority stake in April 2011.

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ