FASTag service is one of the most efficient systems that the NHAI or National Highways Authority of India under the Indian government has put to work. It was on 24th December 2020, that the government marked a new record when the FASTag transactions crossed the mark of 50 lakh transactions. This means that the toll collection for that day crossed about 80 crore rupees. Hence, it can be said that such a huge amount of transaction was another great benchmark for the NHAI.
More About The Recording-Breaking Achievement Of FASTag Services :
It is an electronic cost assortment framework in India, worked by the National Highway Authority of India. It utilizes Radio Frequency Identification innovation for making cost installments straightforwardly from the bank account of the person to the toll owner. Thus, it is quite easy now with the implementation of its services, NHAI can easily deduct the toll amount without much hassle.
The thing is that with the nationwide lockdown and the increase in electronic payments due to social distancing, it can be said that most people have supported the use of FASTag electronic services. But, it is for sure that the country will see a hike in the rate at which these services are used in the future too. Until now, about 2.2 crore FASTag transactions have taken place and this is why an official said,
“With FASTag being mandatory for vehicles from January 1, 2021, the National Highways Authority of India (NHAI) has made all necessary arrangements to provide seamless movement of vehicles at fee plazas. Adoption of FASTag has helped highway travelers to save time and fuel at the toll plazas.”
He also reported, “As social distancing has become the new norm, commuters are increasingly looking at FASTag as a toll payment option as it nullifies the chances of any human contact between the drivers and the toll operators. Being an inclusive technological tool for toll collection on highways, FASTag is a more practical and beneficial option.”
At over 30,000 points of sale (PoS) across the country, it is readily available and is at NHAI toll places.
It has collaborated with 27 issuer banks and has included various options such as Bharat Bill Payment System (BBPS), Unified Payments Interface (UPI), Online Payments, My FASTag Mobile App, PAYTM, Google Pay, and others to simplify its recharge facilities.