The Reserve Bank of India has decided to include FASTags and National Common Mobility Card (NCMC) in the e-mandate framework to make it easier and convenient for users to replenish balances, said Governor Shaktikanta Das. “The adoption of e-mandates for recurring payment transactions has been increasing. It is now proposed to include payments, such as … Read more
A survey of car owners conducted by Park+, a private app that facilitates parking solutions, has found road rage, car parking and FASTag deactivation as the main triggers of anxiety among car owners in Bengaluru. The survey included responses by 22,000 Bengaluru car owners and was undertaken to understand anxiety triggers for car owners driving … Read more
New Delhi: Toll collections through FASTags are inching closer to 90% as the government continues to push the digital mode of transaction at National highways across the country. The National Highways Authority of India turned all lanes of toll plazas on National Highways into FASTag lanes Monday onwards. A statement issued by the authority on … Read more
The coronavirus pandemic, which crippled many sectors, has inadvertently aided India’s credentials as an innovative and digital payments market rapidly gaining in scale. Every day, more than 100 million Indians use a plethora of digital and electronic channels such as debit cards, Unified Payments Interface (UPI), e-wallets, Fastag, or Aadhaar Enabled Payment Systems (AePS), putting … Read more