Page 3 - Fastags

FASTag collections top Rs 4,000 crore in March, FY22 mop-up Rs 38,000 crore

Almost a third of the toll revenue came in the last quarter of the financial year alone

TMS Ep110: Online gaming, Kulmeet Bawa, markets, in-car payment

What's the future of online gaming with stakes? How does Kulmeet Bawa plan to double India's contribution for SAP India? What lies ahead for India Inc amid slowing Q3 earnings? What's in-car payment?

What is FASTag technology and how has it made life easier on highways?

FASTags are prepaid rechargeable tags affixed on the windshield of vehicles for toll collection on national highways. They work with Radio Frequency Identification (RFID) technology

What happens when an entrepreneur sets his mind on solving parking woes?

For most, Amit Lakhotia's Park+ is an app for parking spots discovery, booking and payments; others know it as the firm behind automated entry-exits gates at apartments and malls

NHAI income per FASTag declines 8% as compliance rises, shows data

The number of vehicles, which was rising since the start of the year, dipped to 116.48 million in May when a majority of the states imposed lockdowns to curb the spread of coronavirus

Paytm Payments Bank achieves milestone of issuing 10 million FASTags

Paytm Payments Bank on Wednesday said it has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags. According to NPCI, over 3.47 crore FASTags were issued by all banks together till the end of June 2021. Paytm Payments Bank (PPBL) now has close to 28 per cent share as FASTag issuer bank, it said. "In the last 6 months alone, PPBL has equipped over 40 lakh commercial & private vehicles with FASTags. "Besides this, Paytm Payments Bank is also India's largest acquirer of toll plazas for the National Electronic Toll Collection (NETC) program offering an interoperable nationwide toll payment solution," it said in a statement. According to PPBL, 280 out of the total 851 toll plazas across the national and state highways are now using its payment gateway to collect toll charges digitally. "Paytm Payments Bank is also working closely with NHAI for testing and implementing multi-lane free-flow movement using automatic number plate recognition ...

Daily toll collection via FASTag reaches level recorded before second wave

The toll collection across the country through FASTag touched Rs 103.54 cr with 6.3 mn transactions on July 1, 2021

Chaos at toll plazas as commuters grapple with enforcement of FASTags

In the absence of the FASTag, the vehicle owner has to pay double the toll amount as penalty to pass through the plaza

NHAI transitions to 100% cashless toll through mandatory FASTags

With nearly 60 lakh transactions, the per day toll collection through FASTag crossed the highest ever mark of Rs 95 crore on February 17, 2021

LIVE: Delhi cops blame three for toolkit, say Disha Ravi sent it to Greta

Police claims that the organisation behind the "toolkit" shared by Greta had contacted Nikita to organise a 'tweet storm' ahead of R-Day protest by farmers. Stay tuned for Latest LIVE news updates.

Paytm Payments Bank leads cashless toll market with six million FASTags

Has now enabled cashless toll payments across 250 plazas in the country

FASTag to be mandatory for vehicles from January 1: Nitin Gadkari

FASTags will be mandatory for vehicles from January 1, 2021, Union minister Nitin Gakdari said

Paytm Payments Bank issues 5 mn FASTags, aims to double in 3 months

PPBL is also enabling automatic cashless payments at 211 toll plazas across the country and has become the largest acquiring bank under National Electronic Toll Collection (NETC) programme

Paytm Bank partners with Ola, Uber, for FASTags to 100,000 drivers

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags

NHAI records highest daily toll collection as FASTag sales double in Dec

FASTags-based toll collection system has been rolled out across over 527 national highways

FASTag rollout: Doubts galore; uncertainty over toll plaza attendants' jobs

At present, FASTags are being rolled out on National Highways. Maharashtra State Road Development Corporation (MSRDC) operates the Vashi Bridge

Key policy steps taken by NDA govt this year to revive a sagging economy

Macroeconomic parameters have shown that the Indian economy is going through a rough patch. Here are the key policy decisions taken by the govt in 2019, to bring the India growth story back on track

Want to avoid toll plaza queues? Now, you can recharge FASTags via BHIM UPI

FASTag has been made mandatory on national highways throughout the country from December 15, 2019

FASTags to help NHAI bring transparency, check underreporting of collection

One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.

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