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NPCI FASTAG TRANSACTION
UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- India toll revenue hits record ₹82,900 crore, up 14% in FY26India's toll collections reached a record ₹82,900.16 crore in the past fiscal year. This growth reflects new toll roads, strong economic ac...
- UPI processes 218.6 billion transactions till February in FY26; value at Rs 285 lakh croreJanuary recorded the highest volume with 21.7 billion transactions, followed by December and October with 21.6 billion and 20.7 billion tra...
- 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...
- FASTag rule change: Blacklisted accounts will have window of 60 minutes before and 10 minutes after crossing toll plaza for having smooth journey aheadNPCI FASTag: Transactions that are presented shall be validated based on reader read time and the time at which the tag is placed under hot...
- New FASTag rules come into effect from today; Here's all you need to knowNew FASTag Rules: The National Payments Corporation of India (NPCI) has introduced new FASTag balance validation rules effective from Febru...
- New UPI AutoPay rule: No 24-hour pre-debit notification for these two UPI recurring paymentsNew UPI AutoPay rule: The banks that issue NETC FASTag and RuPay NCMC should ensure that auto-replenishment, excluding pre-debit notificati...
- New FASTag regulations to come into effect on August 1: Here's all you need to knowStarting August 1, 2024, the National Payments Corporation of India (NPCI) introduces significant changes to FASTag regulations, emphasizin...
- 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...
- FASTag scam: No person-to-person transaction possible, NPCI clarifies on fraud claim videoThe NETC FASTags cannot operate in any Person to Person capacity, the NPCI clarifies. “Everytime the Bank connects with NPCI through API co...
- 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...
- Value of UPI transactions declined to Rs 8.27 lakh crore in Feb: NPCI dataIn January, the value of cashless retail transactions on the BHIM UPI platform stood at Rs 8.32 lakh crore while the total number of transa...
- 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 crosses 100 crore transactions in March despite COVID-19 lockdown and Yes Bank crisisNearly all digital channels operated by NPCI such as UPI, IMPS, Fastag and Aadhar Enabled Payment System (AePS) recorded reduced traffic in...
- Transactions via FASTag at highway tolls more than double in DecemberAbout 6.4 crore transactions FASTag transactions worth Rs.1256 crore was processed in December as against 3.4 crore transactions worth Rs.7...
- 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.
- FASTag, mobility cards big focus for us this year: NPCI COOPraveena Rai says it's a year for transit and FASTag is going to be a big focus for NPCI.
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