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Paytm Payments Bank says it issued 600,000 FASTags in November

PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with FASTags

Press Trust of India  |  New Delhi 

The National Highways Authority of India introduced FASTags that uses radio frequency identification technology and allows cars to pass tolls without stopping for payment

(PPB) on Monday said it issued 6 lakh in the month of November.

The Ministry of Road Transport and Highways had announced that toll payments on highways would be accepted through only from December 1. This was later extended to December 15.

In a statement, PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with

The National Electronic Toll Collection (NETC) programme, the flagship initiative of the Ministry of Road Transport and Highways, has been implemented on a pan-India basis in order to remove bottlenecks and ensure seamless movement of traffic and collection of user fee as per the notified rates, using passive radio frequency identification (RFID) technology.

As on December 3, 2019, a total of 82.55 lakh FASTags have been issued.

PPB said it has also partnered with automobile manufacturers such as Maruti Suzuki, Hyundai Motor India, Honda Cars India, Kia Motors India Pvt Ltd, MG Motor India and others to offer pre-fitted Paytm FASTags at the time of vehicle purchase itself.

"While over 250 camps have been set up at toll plazas, another 500 have been arranged in corporate offices, residential societies and parking lots in the top 20 cities, including Delhi-NCR, Bengaluru, Mumbai, Hyderabad, Chandigarh, Pune, Chennai and Jaipur," it added.

PPB is further boosting the sale of FASTags by deploying 3,500 business correspondents in all major cities and towns, it said.

First Published: Mon, December 09 2019. 20:40 IST
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