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FASTAG GROWTH STAGNATION
NHAI to deploy AI-enabled cameras on 40,000 km of NHs for monitoringAccording to the National Highways Authority of India (NHAI), the idea is to enhance remote tracking and road condition assessments using h...
UPI blocks other payment modes; Unacademy's Esop troubleHappy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech Morning Dispatch.
UPI surge stalls NPCI’s other retail payment modesRegulatory data reveals that Immediate Payment System (IMPS), an inter-bank fund transfer mechanism, recorded 368 million transactions in N...
Insurance companies eye Fastag issuance, make case to Union governmentInsurance companies are urging the Union government to integrate into the Fastag platform, looking to introduce their own digital toll paym...
Insurers seek Centre's nod for issuing FASTag stickersInsurance companies have approached the Union government to join the Fastag system. They want to issue Fastag stickers, citing their role i...
UPI transactions fall in September; value rises marginally to Rs 24.9 lakh croreAccording to data from NPCI, UPI processed 19.63 billion transactions in September, compared with 20.01 billion in August. The total value ...
UPI transactions rebound in July after June dipThis uptick in value and volume comes amid discussions on the cost of processing UPI transactions. Banks are beginning to levy charges on c...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Fewer use cases take toll on Fastag growthFastag, the electronic toll payment system for vehicle owners, has been stuck in neutral since early 2024. The user base remains flat at ar...
Paytm Bank slows down in Fastag lane; q-comm in soup over food safetyHappy Friday! Banks are gaining ground in the toll payments space as Paytm Payments Bank’s market share continues to plummet. This and more...
When Byju’s made its presence felt, in absence; and other top stories this weekUpgrad cofounder Ronnie Screwvala huddled up with a group of founders and edtech leaders to discuss the way forward from the perception hit...
Vocal on local: India Inc wary of mini lockdowns as second Covid wave gathers momentumThe localised lockdowns, the industry fears, will take a toll on businesses as diverse as consumer goods, automobiles, real estate and ecom...
Now, cash recharge option for FASTagsThe government will roll out the option of cash recharge for FASTags to accelerate its adoption.