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Paytm payments issues 5 million FASTags

October 30, 2020

Paytm payments issues 5 million FASTags

Paytm Payments Bank these days announced that it is now permitting automated cashless bills at 211 toll plazas throughout the united states of america and has turn out to be the biggest acquiring bank underneath National Electronic Toll Collection (NETC) software. The bank is still the most important issuer of FASTags in the country and has ready over 5 million vehicles with those tags.

With this, Paytm Payments Bank has emerged as the most important facilitator of digital toll payments within the country. It is similarly aiming to accumulate some other a hundred toll plazas and attain a 100% boom in FASTag income inside the next three months.

Paytm FASTag doesn’t require any separate pay as you go account to be created. The money for toll payments receives auto-debited from Paytm Wallet. It can be bought with minimal documentation like vehicle registration number & certificate and is added freed from cost at the registered deal with of the client.

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