Paytm Payments Bank says it gave 600,000 FASTags in November

PPB said it sold 6 lakh labels in the long stretch of November, and guaranteed that it has prepared over 1.85 million vehicles with FASTags

Paytm Payments Bank (PPB) on Monday said it gave 6 lakh FASTags in the long stretch of November. The Ministry of Road Transport and Highways had declared that cost installments on interstates would be acknowledged through FASTags just from December 1. This was later reached out to December 15.

In an announcement, PPB said it sold 6 lakh labels in the long stretch of November, and guaranteed that it has prepared over 1.85 million vehicles with FASTags. The National Electronic Toll Collection (NETC) program, the leader activity of the Ministry of Road Transport and Highways, has been executed on a container India premise so as to expel bottlenecks and guarantee consistent development of traffic and assortment of client expense according to the advised rates, utilizing uninvolved radio recurrence distinguishing proof (RFID) innovation.

As on December 3, 2019, a sum of 82.55 lakh FASTags have been given. PPB said it has likewise banded together with car makers, for example, Maruti Suzuki, Hyundai Motor India, Honda Cars India, Kia Motors India Pvt Ltd, MG Motor India and others to offer pre-fitted Paytm FASTags at the hour of vehicle buy itself.

“While more than 250 camps have been set up at cost courts, another 500 have been organized in corporate workplaces, private social orders and parking garages in the best 20 urban areas, including Delhi-NCR, Bengaluru, Mumbai, Hyderabad, Chandigarh, Pune, Chennai and Jaipur,” it included. PPB is further boosting the closeout of FASTags by sending 3,500 business reporters in every single significant city and towns, it said.