The Paytm FASTag is a simple & reusable tag that works on the radio-frequency identification technology (RFID). It needs to be affixed on the vehicle’s windscreen. Each tag is linked to a registered Paytm Payments Bank account to facilitate instant automatic deduction of toll charges. This program is part of the National Electronic Toll Collection (NETC) initiative, rolled out by NPCI under the guidelines of NHAI & IHMCL.
Key Highlights of Fastag Program
RFID Technology
The tag employs Radio-frequency Identification (RFID) technology & is affixed on the vehicle’s windscreen. It lets you pass through the Toll Plaza without stopping at the cash counter
Paytm Payments Bank Account
FASTag is linked to a Paytm Wallet from which the applicable toll amount is deducted.
More than 450 Toll Plazas
FASTag is presently operating at more than 450 Toll Plazas across national highways. More city and state plazas will be on-board in future.
Benefits of FASTag
1. For Road Users
- Convenience for cashless payment
- Non-stop motion & reduced commute time
- Cashback* of 5% for FY – 2018-19
- Cashback is applicable for trips made at NHAI plazas only
2. For Toll Operators
- Improved lane utilisation
- Lower operating costs
- Better audit control through centralized user accounts
3. For Government
- Improves transparency of toll transactions
- Savings on fuel,reduction of emissions from idling and repeated stops at Toll Plazas