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FASTAG FRAUD
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...- India's war on cash deepens: Why toll booths now penalise currency usersIn a bold move, India is amplifying its war on cash transactions by enforcing stricter FASTag toll policies that impose fines on drivers us...
- ETtech Explainer: RBI’s digital payment authentication rules & their impactUntil now, India’s digital payment ecosystem largely relied on SMS-based one-time passwords (OTPs) as an additional factor of authenticatio...
- From UPI, FASTag to KYC rules: Here’s what changes for consumers this AugustAugust 1 New Rules: India is set for financial updates from August 1, 2025. NPCI will implement new UPI transaction rules. SBI will discont...
- Fastag adoption in slow lane; UIDAI CEO interviewHappy Monday! Fastag saw limited growth last fiscal, with momentum tapering off. This and more in today’s ETtech Morning Dispatch.
- Loose FASTags to be blacklisted by NHAI; know how it will impact vehicle ownersNational Highways Authority of India will blacklist loose FASTags. This decision follows observations of vehicle owners holding FASTags ins...
- Road ministry plans to expand the use of FASTags to other sectors beyond toll collectionThe Ministry of Road Transport and Highways is exploring expanding FASTag's use beyond toll payments to include electric vehicle charging, ...
- FASTag Annual Pass: When, how to buy pass, trips limits, and will ATP work for parking at malls, airports? All terms and conditionsFastag Annual Pass (Google Trends): The Centre is launching an 'Annual Toll Pass' (ATP) for private car owners, enabling seamless travel on...
- NHAI bars 14 toll collection agencies for irregular activitiesState-owned NHAI has barred 14 toll collection agencies for irregularities following a fraud probe by Uttar Pradesh STF. Show-cause notices...
- UPI hits 16 billion transactions in October setting new record aided by festive spendsJust the previous month, UPI had crossed the 15 billion transactions landmark. On average, 500 million transactions were settled daily last...
- R.K. Laxman's iconic cartoon character 'Common Man' set to spread awareness on digital payment fraudNational Payments Corporation of India (NPCI) has teamed up with The Times of India to launch a national campaign on digital payment safety...
- FASTags, NCMC payments to become easier: You don't have to add money manually for each rechargeNew recurring payments rule: The Reserve Bank of India (RBI) announced including recurring payments for Fastag, National Common Mobility Ca...
- Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip AsbeNPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory ac...
- Paytm loses out on Fastag; IT hiring slows amid increased scrutinyThe move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, peo...
- Paytm CEO Vijay Shekhar Sharma, officials meet RBI to discuss regulatory concerns: SourcesPaytm CEO Vijay Shekhar Sharma met with the Reserve Bank of India (RBI) to discuss addressing regulatory concerns after the RBI imposed res...
- View: RBI is not fit to regulate digital paymentsIt appears that RBI has sought to make an example of Paytm, without considering the impact this has on merchants and consumers. Unfortunate...
- FASTag scam: Smartwatch can't scan a FASTag and siphon money, NPCI & Paytm clarifyClaims in the video, which show a child cleaning a windshield, scanning the FASTag using a smartwatch and then running away when questioned...
- No person-to-person transactions via FASTags, NCPI clarifies on fraud claim videos"NETC FASTag operates only for person-to-merchant (P2M) transactions. No person-to-person (P2P) transactions are facilitated through NETC F...
- Numadic gets $2.5 million funding from 9Unicorns, Venture Catalysts, othersNumadic, which builds apps and APIs to simplify the automation of vehicle identification, location and transactions, will use the funding t...
- 4 changes from January 1 that will impact your moneyWith the start of the new year 2021, there are four changes that will come into effect from January 1. Here is how these changes will impac...
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