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Link your FASTag to a prepaid card, not a savings or current account

Since FASTag is mandatory, it's better to understand its risks; linking it to your savings will lead to balance being deducted from your bank account

Bindisha Sarang  |  New Delhi 

America has it, China has it, Australia has it, and even Thailand has it. And, from December 1, India, too, will join the list of 40-plus countries that have an electronic toll-collection system.

The toll-collection system based on Radio Frequency Identification (RFID) card technology is named FASTag. Shailendra Singh, head, digital banking, Bank of Baroda, said, “It is a reloadable electronic toll-collection card that you have to paste on your car’s windscreen. You then don’t need to stop for toll payment, so it eases movement of vehicles.” The ...

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First Published: Tue, November 26 2019. 19:46 IST
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