wordpress blog stats
Connect with us

Hi, what are you looking for?

25% of India’s toll is now collected electronically, says NPCI

The National Electronic Toll Collection (NETC), run by the National Payments Corporation of India (NPCI), now accounts for 25% of the toll collected on India’s highways, NPCI said in a press release. NPCI launched the electronic toll collection program in December 2016 in partnership with the National Highways Authority of India (NHAI) and the Indian Highways Management Company (IHMCL). It uses electronic tags, called FASTags, to deduct the toll from a linked bank account, allowing customers to drive through toll plazas without stopping.

46 lakh electronic tags issued

NETC currently process 8.62 lakh such transactions a day, up from an average of 30,000 transactions a day in January 2017, said Praveena Rai, chief operating officer, NPCI. He added that 22 banks have issued 46 lakh FASTags, which are accepted at over 496 toll plazas across India. “Going forward, more use cases like parking and enforcement (e-challan) can be added, and the NETC program can become a single stop solution for all payments linked to a vehicle,” he said.

IHMCL had chalked out an onboarding policy for toll plazas under which it would provide financial assistance to the relevant authority to implementation electronic toll collection, the release said. NHAI and IHMCL conducted a workshop on March 28 to discuss extending FASTag services to all state and city toll plazas.

NPCI, which runs the Unified Payments Interface (UPI) network, recently slashed usage fees for transactions under Rs 1,000 – such as toll payments – from 25 paise to 10 paise.

Proximity payments on UPI

Last April, NPCI ran a pilot project with three companies that would help them enable proximity payments on UPI. Proximity payments will enable consumers to make digital payments at merchant outlets without any physical contact with the acceptance terminal. Rather, a contactless system will be used to pair two devices and initiate a transaction via UPI. Theoretically, this should ensure speedier and safer transactions.

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The Delhi High Court should quash the government's order to block Tanul Thakur's website in light of the Shreya Singhal verdict by the Supreme...


Releasing the policy is akin to putting the proverbial 'cart before the horse'.


The industry's growth is being weighed down by taxation and legal uncertainty.


Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ