One Vehicle, One FASTag implemented; 9 important things all FASTag users should knowFASTag KYC: "NHAI has taken this initiative after the recent reports of multiple FASTags being issued for a particular vehicle and FASTags ...
Last date to update FASTag KYC is extended to this dateThe National Highways Authority of India (NHAI) launched the "One Vehicle, One FASTag" programme to improve the effectiveness of the Electr...
India's digital payments market will more than triple to $10 trillion by 2026: ReportIn a span of just six years, India, primarily a cash-based economy, now leads the world in real-time digital payments, accounting for almos...
UPI transactions grow 7.7 per cent to 730 crore in OctoberThe number of instant interbank fund transfer through IMPS (Immediate Payment Service) in October stood at 48.25 crore and the value was at...
What's your source? Paytm founder warns of fake news with Big B's 'KBC' video, Dr Nene calls last 2 yrs 'infodemic'Vijay Shekhar Sharma also remembered the fake FasTag video that went viral last week.
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...
Equitas Small Finance Bank launches FASTag powered truck terminalEquitas Small Finance Bank (Equitas SFB) has partnered with Maharashtra State Road Development Corporation Limited (MSRDC) and Ocean Highwa...
Mumbai FASTag ready with three major tollways under electronic collection system: NPCIThe National Payments Corporation of India (NPCI) on Monday said Mumbai is now FASTag ready with three major toll plazas coming under the e...
UPI breaches 2 billion transactions mark in OctoberThe National Payments Corporation of India (NPCI) operated channel processed a total of 2.07 billion transactions worth Rs 3.86 lakh crore ...
UPI transactions hit a new high of 149 crore in July with transaction value reaching Rs 2.91 lakh croreDuring the April-July period of 2020-21, the cumulative transactions on UPI reached 631 crore. The value transacted stood at Rs 6.31 lakh c...
Digital payment volumes on NPCI channels rebound in MayTransaction volumes recorded on channels such as Unified Payments Interface (UPI), Immediate Payment System (IMPS), Bharat Bill Payment Sys...
Digital Payment volumes on most NPCI channels report record decline in AprilPopular and fast growing digital payment channels such as UPI, IMPS, BBPS and NETC all reported record plunge in monthly volumes in a month...
Collections go up after toll payments made easier via FASTagThe technology has long been pegged by the govt as a solution to both decongest the toll plazas by making payments seamless while also redu...
Collections go up after toll payments made easier via FASTagThe payments are automatically debited with a lag of 10 minutes from the bank account linked with the FASTag.
800 million transactions via UPI in MarchWhile the number of transactions jumped 18.6% as against February, the amount of money transferred went up 25% compared to last month, the ...
Digital payments volumes rise threefoldThe number of digital payment transactions zoomed 207 per cent to 244.81 crore in August 2018 as compared to 79.67 crore in October 2016, i...