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Tuesday , 23 April 2024

FASTag cards for petrol, toll and parking fee…

To ensure faster roll-out of electronic toll collection across the country, FASTags would soon be available at petrol pumps and later, these might be used as cards for buying petrol and paying parking fees.

Launching bank-neutral FASTags issued by IHMCL, these will be available at 50 select petrol pumps initially and the number would be increased to 100 by the next financial year. The petrol outlets will get Rs 100 for sale of every FASTag.

Two FASTag mobile apps are also launched recently. The My FASTag Customer App has the distinction of realtime recharge of any FASTag through UPI, it links IHMCL FASTag with customer’s bank account and there is no need to install multiple banks applications. Wallet services are also proposed in the near future.

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