• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, July 20, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home India News

Paytm Payments Bank sets up FASTag Sale Camps to Accelerate The Adoption of Electronic Toll Payments

by Apoorv Anupam
December 4, 2019
in India News, News, Startups
Reading Time: 1 min read
0
FASTag
TwitterWhatsappLinkedin

FASTag

You might also like

RFK Jr.’s Plan to Overhaul the U.S. Vaccine Injury Program Sparks Alarm Across Health Sector

GenAI Takes Center Stage in Netflix Shows and Films

Jio Financial Services and Allianz Group Ink 50:50 Reinsurance Joint Venture Deal

04 December 2019, India:

Paytm Payments Bank Ltd (PPB) has set up multiple camps across the country for people accelerate the adoption of electronic toll payments.

The company has set up over 250 camps 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, the company said in a statement.

The bank is also the acquiring bank of more than 110 toll plazas in India and plans to acquire another 100 toll plazas in the coming year, the statement added.

The Paytm FASTag for private vehicles, costs ₹500, out of which ₹250 is for security deposit, ₹150 is the minimum balance that needs to be maintained and ₹100 is the tag issuance cost. FASTag purchase can also be done on the Paytm app.

The FASTag is a simple & reusable tag that works on the Radio-frequency identification technology (RFID). It needs to be affixed on the vehicle’s windscreen. Each tag is linked to a Bank Account or a Digital Wallet to facilitate instant automatic deduction of toll charges. This program is part of the National Electronic Toll Collection (NETC) initiative, rolled out by NPCI under the guidelines of NHAI & IHMCL.

(Source – Paytm)

Tags: FASTagfintechNewspaytmPaytm Payments Bankstartup
Tweet54SendShare15
Previous Post

Kratikal secured $1 Mn Funding led by Gilda VC and others

Next Post

Paytm invests in the bus ticketing solutions provider Infinity

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

RFK Jr.’s Plan to Overhaul the U.S. Vaccine Injury Program Sparks Alarm Across Health Sector

by Anochie Esther
July 20, 2025
0
Kennedy

Five months into his tenure as Secretary of Health and Human Services (HHS), Robert F. Kennedy Jr. has set his sights on a quiet but critical pillar of...

Read more

GenAI Takes Center Stage in Netflix Shows and Films

by Sneha Singh
July 20, 2025
0
GenAI Takes Center Stage in Netflix Shows and Films

Netflix has achieved an unpublicized milestone that could change the manner in which movies and television are made. The streaming giant announced Thursday that it successfully used artificial...

Read more

Jio Financial Services and Allianz Group Ink 50:50 Reinsurance Joint Venture Deal

by Anochie Esther
July 20, 2025
0
JFSL

In a landmark move poised to reshape India's insurance landscape, Jio Financial Services Ltd (JFSL) and Germany-based Allianz Group have entered into a binding agreement to form a...

Read more
Next Post
Paytm invests in the bus ticketing solutions provider Infinity

Paytm invests in the bus ticketing solutions provider Infinity

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?