Page 2 - Latest Updates on FASTag
UPI volume scales new peak of 16.99 billion in January, shows NPCI data
The number of daily transactions for January stood at 14.33 million, up from 14.23 million in December, which translated into a daily transaction value of Rs 19,562 crore
 "UPI volume scales new peak of 16.99 billion in January, shows NPCI data")
Delhi congestion tax: Vehicles may face peak hour charges at city borders
The Delhi government plans to introduce a congestion tax on vehicles entering the city during peak hours -- 8 am to 10 am and 5:30 pm to 7:30 pm -- at 13 major border entry points
 "Delhi congestion tax: Vehicles may face peak hour charges at city borders")
New UPI AutoPay rule: No 24-hour pre-debit alert for FASTag & RuPay NCMC
Issuer banks of NETC FASTag and RuPay NCMC must ensure that auto-replenishment done under pre-debit notification exceptions is strictly used for its intended purposes of NETC FASTag and RuPay NCMC onl
 "New UPI AutoPay rule: No 24-hour pre-debit alert for FASTag & RuPay NCMC")
Delhi govt to soon notify new rates, norms for buses at ISBTs: Raj Niwas
The Delhi government will soon notify new rates and norms for buses at interstate terminals, Raj Niwas officials said on Sunday.
 "Delhi govt to soon notify new rates, norms for buses at ISBTs: Raj Niwas")
Your bank account will be automatically debited to replenish FASTag balance
Customers no longer need to manually monitor and replenish their FASTag and NCMC balances.
 "Your bank account will be automatically debited to replenish FASTag balance")
RBI includes auto replenishment of FASTag, NCMC in e-mandate framework
Exempts these card issuers from issuing a pre-debit notification
 "RBI includes auto replenishment of FASTag, NCMC in e-mandate framework")
RBI alters rules to allow e-mandate for auto-replenishment of FASTag, NCMC
The current e-mandate framework requires a pre-debit notification at least a 24-hours before the actual debit from the customer's account
New FASTag regulations from August 1: Update KYC, link to vehicle, and more
FASTag accounts that are five years old or older must be replaced from August 1
FASTag new rules from tomorrow: All about vehicle detail linking and more
The National Payments Corporation of India (NPCI) has announced new rules with a key update being the compulsory FASTag KYC needs. The KYC procedure begins on August 1
 "FASTag new rules from tomorrow: All about vehicle detail linking and more")
Beware! Incorrect FASTag placement doubles costs, risks car blacklisting
CCTV footage capturing the VRN at toll plazas will be recorded to ensure proper documentation of the fee charged and the vehicle's presence in the toll lane
 "Beware! Incorrect FASTag placement doubles costs, risks car blacklisting")
NHAI to charge double toll from vehicles with non-affixed FASTag on front
NHAI said deliberate non-affixation of FASTag on the windscreen leads to unnecessary delays at the toll plazas causing inconvenience to fellow National Highway users
After historic high, UPI transactions see marginal dip in June to 13.89 bn
IMPS down by 7%, FASTag 4%; but Aadhaar Enabled Payment System (AePS) see a 11% jump in volume & 7% in value
 "After historic high, UPI transactions see marginal dip in June to 13.89 bn")
One Vehicle, One FASTag enforced: Here's what all users must know
NHAI's decision to implement the 'One Vehicle, One FASTag' policy stems from concerns over the misuse of FASTags
In a first, yearly transactions through UPI cross 100 billion in FY24
The year also saw a record value of Rs 199.89 trillion, compared to Rs 139.1 trillion. In February 2024, transactions stood at 12.10 billion and Rs 18.28 trillion, respectively
 "In a first, yearly transactions through UPI cross 100 billion in FY24")
E-insurance, FASTag, ITR filing, medicine prices: What changes from April 1
As April 2024 begins, we enter a new financial year with significant updates impacting our finances and investments. Take a look at what changes from today
 "E-insurance, FASTag, ITR filing, medicine prices: What changes from April 1")
Nhai's 'One Vehicle, One FASTag' norm comes into force from April 1
NHAI had extended the 'One Vehicle, One FASTag' initiative compliance deadline to March-end, in view of the problems being faced by Paytm FASTag users
 "Nhai's 'One Vehicle, One FASTag' norm comes into force from April 1")
NHAI asks Paytm FASTag users to switch to another issuing bank by March 15
This will help avoid penalties or double fee charges while commuting on National Highways, as per the statement
 "NHAI asks Paytm FASTag users to switch to another issuing bank by March 15")
FASTag KYC last date today: Check how to update and documents required here
NHAI is likely to extend the 'One Vehicle, One FASTag' initiative compliance deadline to March-end
 "FASTag KYC last date today: Check how to update and documents required here")
NHAI to extend 'One Vehicle, One FASTag' initiative deadline till March-end
NHAI had earlier proposed to implement 'One Vehicle, One FASTag' initiative from March 1
 "NHAI to extend 'One Vehicle, One FASTag' initiative deadline till March-end")
Paytm Payments Bank crisis: How to deactivate Paytm FASTag and buy new one
In the recently released FAQs, the RBI suggested users procure a new FASTag issued by a bank other than Paytm Payments Bank before March 15
 "Paytm Payments Bank crisis: How to deactivate Paytm FASTag and buy new one")
