Page 3 - Latest Updates on FASTag
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
 "One Vehicle, One FASTag enforced: Here's what all users must know")
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")
RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report
NPCI oversees the United Payments Interface payments, and NHAI operates the FASTag service
 "RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report")
UPI transactions reach a record Rs 18.41 trillion in January: NPCI data
According to data shared by the National Payments Corporation of India (NPCI), January numbers were 52 per cent higher in volume compared to the same month last financial year
 "UPI transactions reach a record Rs 18.41 trillion in January: NPCI data")
FASTag KYC update 2024: Things to know about documents needed for KYC
FASTag KYC online: For those customers who fail to complete the KYC today, their FASTags will become inoperative
FASTag KYC update 2024: All you know about documents needed for your KYC
After January 31, 2024, according to NHAI, banks will deactivate or blacklist all FASTags with incomplete KYC updates. FASTag accounts that are not updated will be deactivated or blacklisted
 "FASTag KYC update 2024: All you know about documents needed for your KYC")
Paytm Bank: FASTag payments now available at Chennai airport parking
Paytm Payments Bank Ltd has partnered with Olympia Group to offer the service to customers at the facility, a press release on Tuesday said
 "Paytm Bank: FASTag payments now available at Chennai airport parking")
FASTags with incomplete KYC to be deactivated after Jan: How to update info
FASTag, operated by the NHAI, is an electronic toll collection system in India that uses Radio Frequency Identification technology for making toll payments
No phones, cards needed, your car can pay for its fuel and Fastag directly
The service can be availed by linking the Unified Payments Interface (UPI) with the car's infotainment system, thus eliminating the need for a smartphone to make payments
 "No phones, cards needed, your car can pay for its fuel and Fastag directly")
42 NH projects worth Rs 10,992 cr in bidding stage; 202 projects underway
Toll collection on national highways through FASTags cross Rs 4,000 crore in the last three months, with average toll collection higher than the previous quarter and financial year at Rs 4,406 crore
 "42 NH projects worth Rs 10,992 cr in bidding stage; 202 projects underway")
Now you can use FASTag on car to pay for parking spot at Varanasi airport
Airtel Payments Bank, has collaborated with Park+ to enable a FASTag-based smart parking solution at Lal Bahadur Shastri Airport
UPI falls marginally in June to Rs 14.7 trn, with 9.33 transactions
Based on data from NPCI, compared to the same month last financial year, transaction volume rose by 59% and value by 45%
 "UPI falls marginally in June to Rs 14.7 trn, with 9.33 transactions")
HC seeks Centre's response on plea asking banks to pay interest on FASTag
The court granted four weeks time to the authorities to file their replies to the application and listed the matter for further hearing on August 10
 "HC seeks Centre's response on plea asking banks to pay interest on FASTag")
FASTag's daily collection reaches all time high of Rs 193 cr on April 29
NHAI on Tuesday said the daily toll collection through FASTag system reached an all-time high of Rs 193.15 crore on April 29, with 1.16 crore transactions recorded in a single day
 "FASTag's daily collection reaches all time high of Rs 193 cr on April 29")