Thursday, March 28, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsGovTechWith FASTag becoming mandatory from Jan 1, toll collection touches ₹80 crore a day

With FASTag becoming mandatory from Jan 1, toll collection touches ₹80 crore a day

Follow Tech Observer on Google News
Google News

With the becoming the mandatory from January 1, 2021, there has been gradual increase in the toll collection through this contactless mode. According to , on December 24,  the transaction done via FASTag crossed Rs 80 crore with a record 50 Lakh FASTag transactions in a day.

With FASTag being mandatory for vehicles from 1st January, 2021, the (NHAI) has made all the necessary arrangements to provide seamless movement of vehicles at fee plazas, said a statement.

Adoption of FASTag has helped highway users to save time and fuel at the toll plazas. The digital transaction has got necessary push through the recent amendment in Central Motor Vehicle Rules.

FASTag is easily available at over 30,000 points of sale (PoS) across the country and mandatorily available at the toll plazas. It is also available online through Amazon, Flipkart and Snapdeal.

The programme has partnered with 27 issuer banks and has included several options to simplify its recharge facilities such as Bharat Bill Payment System (BBPS), Unified Payment Interface (UPI), online payments, My FASTag mobile app, Paytm, Google pay and others. Besides, a cash recharge facility is also being provided at PoS at toll plazas for the convenience of users.

FASTag uses Radio-frequency Identification (RFID) technology that provides users a smooth and effortless cross-over at toll plazas without waiting/halting. The payment is made digitally through the FASTag linked to the bank wallet.

As social distancing has become the new norm, commuters are increasingly looking at FASTag as a toll payment option as it nullifies the chances of any human contact between the drivers and the toll operators. Being an inclusive technological tool for toll collection on highways, FASTag is a more practical and beneficial option.

Implementation of FASTag is a step in the direction of providing a safe, smooth and seamless journey to commuters on national highways.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

How AI power struggle opens up new frontier in global geopolitics

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

RELATED ARTICLES