Update on January 2, 2020: As of December 31, 2019, more than 11.5 million FASTags had been issued, with over 100,000 FASTags issued each day, the Ministry of Road Transport and Highways said in a statement. In a separate statement, the ministry said that as of December 26, 2019, 11.17 million FASTags had been issued, meaning that in December alone, more than 3 million FASTags were issued, as opposed to 1.53 million FASTags issued in November — twofold the number. Transactions worth more than Rs 52 crore per day are being carried out at toll plazas using FASTags, the ministry added. The Reserve Bank of India, on December 31, 2019 said that all authorised payment systems and instruments such as non-bank Prepaid Payment Instruments, cards and Unified Payments Interface (UPI) can be linked to FASTags to pay tolls and parking fee. Before this, FASTags could only be linked to pre-paid, savings and current bank accounts. As of now, 16 entities including banks, payments banks and small finance banks are offering recharging of FASTags using UPI, according to the National Payments Council of India. The Road Transport Ministry also said that it is trying to bring inter-operability of FASTags with state governments so that a single FASTag can be used at toll plazas on national highways as well as state highways. Earlier on December 3, 2019: 7.901 million FASTags had been issued until November 30, 2019, data released by the National Payments Corporation of India (NPCI) revealed. For comparison, 6.371 million FASTags had…
