Page 4 - Latest Updates on FASTag
After a sprint, a pause for breath
2021 not only saw record funding creating a third of the country's unicorns, but also the first major listings, providing new valuation anchors
 "After a sprint, a pause for breath")
For FASTag, EV charging is the next big opportunity: Numadic CEO
The introduction of FASTag has almost entirely digitised governance in transport, which was until very recently a 100 per cent cash industry: Numadic CEO
 "For FASTag, EV charging is the next big opportunity: Numadic CEO")
Taking immediate steps to comply with RBI directions: Paytm Payments Bank
This is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its inception in May 2017
 "Taking immediate steps to comply with RBI directions: Paytm Payments Bank")
What's in-car payment?
Technology, sure, is making our lives easier. After FASTag cut short our waiting time at toll plazas, more plans are afoot for similar experiments. Let us see what they are, in this report
 "What's in-car payment?")
Paytm Payments Bank issues over 450,000 FASTags in December
Paytm Payments Bank Ltd (PPBL) claims to have led the market in the FASTag segment with 28.2 per cent market share
 "Paytm Payments Bank issues over 450,000 FASTags in December")
TMS, Ep 43: India at COP26, way ahead for MFIs, EMs in 2022, and FASTags
Is India on the wrong side of climate action with its COP26 commitment? What's the road ahead for microfinance institutions? What is FASTag and how does it work? Find the answers here
 "TMS, Ep 43: India at COP26, way ahead for MFIs, EMs in 2022, and FASTags")
FASTag toll collection reaches record Rs 3,356 crore in October
The government made FASTags mandatory from February 15 midnight
 "FASTag toll collection reaches record Rs 3,356 crore in October")
Paytm launches India's first FASTag-based facility at Delhi Metro parking
Paytm has enabled a UPI-based payment for two-wheelers entering the parking site, thereby digitising the entire parking payments
 "Paytm launches India's first FASTag-based facility at Delhi Metro parking")
Paytm to launch FASTag-based parking service across India; starts with DMRC
Paytm Payments Bank Ltd (PPBL) on Monday said it has enabled the country's first FASTag-based metro parking facility in partnership with the Delhi Metro Rail Corporation (DMRC).
 "Paytm to launch FASTag-based parking service across India; starts with DMRC")
Karnataka Bank launches KBL FASTag for seamless toll deduction
Karnataka Bank on Wednesday launched KBL FASTag for seamless movement of vehicles at toll plazas by facilitating automatic deduction of the toll amount.
 "Karnataka Bank launches KBL FASTag for seamless toll deduction")
Covid-19 second wave: Digital payments drop as state impose curbs
UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value
 "Covid-19 second wave: Digital payments drop as state impose curbs")
Covid-19 second wave: Digital payments drop as state impose curbs
UPI saw a 4.3 per cent dip in transaction volume and a 2.22 per cent dip in transaction value
 "Covid-19 second wave: Digital payments drop as state impose curbs")
Average daily FASTag collection crosses Rs 100 crore-mark: Gadkari
The Parliament was informed on Monday
 "Average daily FASTag collection crosses Rs 100 crore-mark: Gadkari")
Bombay HC seeks Centre's response on PIL against FASTag system
The Bombay High Court on Wednesday directed the Union government to file an affidavit in response to a PIL challenging the decision of making FASTag
 "Bombay HC seeks Centre's response on PIL against FASTag system")
Mandatory FASTag to help save Rs 20,000 crore a year on fuel: Gadkari
The move will boost the revenue by at least Rs 10,000 crore, Union Minister Nitin Gadkari said on Monday
 "Mandatory FASTag to help save Rs 20,000 crore a year on fuel: Gadkari")
NHAI daily toll collection through FASTag reaches record Rs 104 cr
National Highways Authority of India said its daily toll collection through FASTag has reached about Rs 104 crore
Move Delhi HC to challenge FASTag policy, SC tells petitioner
The Supreme Court on Friday declined to entertain a plea against making FASTags mandatory for motor vehicles
 "Move Delhi HC to challenge FASTag policy, SC tells petitioner")
Vehicles without FASTag to pay double toll fee from Monday midnight
Vehicles without FASTag would have to to pay double the toll fee at electronic toll plazas from Monday midnight
Immediately adopt FASTag now, won't extend deadline, says Nitin Gadkari
The FASTag registration has gone up to 90 per cent on some routes and only 10 per cent people are left.
 "Immediately adopt FASTag now, won't extend deadline, says Nitin Gadkari")
No FASTag? Pay twice the amount on highway toll plazas after Feb 15
The ministry has decided that all lanes in the toll plazas on national highways shall be declared as "FASTag lane of the fee plaza" with effect from midnight of February 15-16
 "No FASTag? Pay twice the amount on highway toll plazas after Feb 15")