MobiKwik is now a mode of payment at 391 toll booths on Indian Highways. The company said that it received approval from National Highways Authority of India (NHAI) for the cashless payment method. The development comes after the NHAI cancelled all toll charges across highways in India up till December 2, post scrapping of Rs 500 and Rs 1000 notes. Note that MobiKwik isn’t the first mobile wallet to get approval from NHAI for toll payments. On Monday, Paytm said that commuters can pay highway tolls at 40 toll plazas across the country. MobiKwik users will need to download and install the mobile app and scan QR codes printed at toll plazas. After scanning, the app will display the name of the toll plaza along with the lane number. User inputs the amount to be paid along with their vehicle number to complete the transaction.
Electronic toll system
In February this year, the NHAI had approached the National Payments Corporation of India (NPCI) to set up an inter-bank clearing system to build electronic tolling at 350 toll plazas. As of now, a Mint report said that the e-toll collection system from the NPCI will be launched this month for toll payments but will be extended to other vehicle related payments like parking, service and fuel charges etc. in the future.
In April, NHAI adopted electronic payments using FASTag prepaid RFID tags. FASTags, were originally introduced in 2014; vehicles owners can embed these tags on windscreens to pay toll fees at e-toll plazas. In July, Oxigen Wallet started allowing its customers to recharge their FASTag stickers on the Delhi-Noida-Delhi (DND) flyway tolls. In June, the NHAI said it would open dedicated FASTag lanes at 48 different toll plazas on Delhi – Mumbai, Mumbai-Chennai Corridors.