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

Months after announcing its partnership with two largest issuers in the FASTag ecosystem — IDFC First Bank Ltd and ICICI Bank — Numadic is now looking to collaborate with electric vehicle-charging networks, and piloting drive-in cinema payments via FASTag pay. Luke Sequeira, chief executive officer and founder of the Goa-based firm, tells Thirumoy Banerjee about the vehicle interface platform’s plans, FASTag’s progress and more. Edited excerpts:

How is FASTag empowering authorities to augment and improve governance in transportation?

The introduction of FASTag has almost entirely digitised governance in transport, which was until very recently a 100 per cent cash industry. From toll