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CONTACTLESS TOLL PAYMENTS
Nitin Gadkari launches no-stop toll system on UER-II; How does the 'Free Flow' tolling work and how will it help Delhi commuters?Union Minister Nitin Gadkari has inaugurated Multi-Lane Free Flow (MLFF) tolling at the Mundka-Bakkarwala plaza on Delhi’s Urban Extension ...- NHAI to discontinue cash toll payments from AprilNational Highways Authority of India plans to end cash toll payments from April 1, 2026. All payments will be digital via FASTag or UPI. Th...
- Cash payments at NHAI free toll plazas likely to discontinue from April 1, 2026: Users will be able pay toll through FASTAG, UPICash payments at National Highway toll plazas will be phased out from April 1, 2026. All toll payments will then be digital, primarily thro...
- RBI’s new rules for two-factor authentication of digital payments; Check alternative methods proposedThe Reserve Bank of India has made securing digital payments a top priority, emphasizing the need for Additional Factor of Authentication (...
- NHAI FASTag daily collection at record Rs 193.15 cr on April 29FASTag uses radio-frequency identification (RFID) technology, which provides users a smooth crossover at toll plazas without halting. The p...
- 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...
- 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...
- 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...
- Digitising transit payments key to a cashless economyMost Indians are hassled by long queues at ticket counters, toll plazas, bus stops, petrol pumps and even at parking stations to purchase t...
- Visa set to board govt’s mobility cardVisa is ready to join the National Common Mobility Card (NCMC) bandwagon and may start talks with banks to issue such payment instruments.
- MeitY is pushing everyone to accept common mobility cardsGovernment wants banks to deploy contactless payments-enabled point-of-sales terminals.
- Tap and go will soon be a pillar of digital payments: AP Hota, CEO, NPCISince demonetisation, government has been on an overdrive to push digital payments, says AP Hota, MD and CEO, National Payments Corporation...
- Visa launches Proof of Concept for contactless toll payments with IDFC BankNHAI operates around 400 toll plazas across India’s national highways through which more than 20,000 vehicles pass each day.
- NICE Toll plaza enables ToneTag based payments. NICE Toll is in the peripheral ring road in Bangaluru – Mysuru Expressway where commuters are tolled at seven locations for two-wheelers ...
- TranServ to bring mVisa's contactless payments to toll booths, petrol pumpsThe mVisa solution will work like most other similar solutions where the user will scan the QR code and the payment will be processed from ...
- Visa issues more than a million contactless cardsVisa has issued over one million Visa payWave contactless cards issued in the market and acceptance at more than 1,00,000 merchant location...
- RBI says second-factor authentication not needed for small transactionsThe Reserve Bank of India on Thursday said that banks can allow contactless card transactions upto Rs 2,000 without PIN authentication.
- RBI allows transactions upto Rs 2000 without second factor authenticationIn a move that will promote ‘tap and pay’ electronic payments, the RBI said that bank can allow customers to transact with contactless card...
- Coming soon: ‘Contactless’ cards to ease paymentsThese cards can complete a payment transaction in one-tenth of the time traditionally taken to conduct electronic transactions.
- Nokia, PayMate to develop NFC-technology solution for handsetHandset maker Nokia and online payment services provider PayMate has joined hands to develop a solution.
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