FASTag Each day Toll Assortment Crosses Rs. 80 Crores With 50 Lakh Transactions

For the primary time, the toll assortment via FASTag crossed Rs 80 crores per day on December 24, 2020, with a file 50 lakh FASTag transactions per day. With greater than 2.20 crore FASTag issued until date, adoption of FASTag by Freeway customers has seen unprecedented progress.

“With FASTag being necessary for automobiles from January 1, 2021, the Nationwide Highways Authority of India (NHAI) has made all essential preparations to supply seamless motion of automobiles at payment plazas. Adoption of FASTag has helped freeway travellers to avoid wasting time and gasoline on the toll plazas,” mentioned an official.

The official provides, “As social distancing has change into the brand new norm, commuters are more and more taking a look at FASTag as a toll cost possibility because it nullifies the possibilities of any human contact between the drivers and the toll operators. Being an inclusive technological instrument for toll assortment on highways, FASTag is a extra sensible and helpful possibility.”

The digital transaction has received a essential push with the current modification within the Motor Automobile Modification Act, 2019. FASTag is definitely accessible at over 30,000 factors of sale (PoS) throughout the nation and mandatorily accessible at NHAI toll plazas.

This system has partnered with 27 issuer banks and has included a number of choices to simplify its recharge services equivalent to Bharat Invoice Cost System (BBPS), Unified Funds Interface (UPI), On-line funds, My FASTag Cell App, Paytm, Google Pay, and others. As well as, a money recharge facility can also be being supplied at Level of Gross sales (PoS) at toll plazas for the comfort of customers.

FASTag additionally makes use of Radio-frequency Identification (RFID) know-how that gives customers a easy and easy cross-over at Toll plazas with out a lot ready/halting. The cost is made digitally via the FASTag linked to the financial institution pockets.

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