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Showing posts from May, 2020

How Digital Payment Done in FASTag

FASTags are stickers that facilitate prepaid payment of toll charges. These rechargeable tags are used by private and commercial vehicles to pay for the toll tax. It enables an automatic deduction of payment without manual intervention. FASTag for cars and heavy vehicles is affixed on a vehicle’s windscreen. While crossing the toll plaza, the amount gets deducted from the account after quick scanning. FASTag works through the RFID or Radio-Frequency Identification technology. It is operated jointly by National Highways Authority of India (NHAI) and National Electronic Toll Collection (NETC). How to purchase a FASTag? FASTags are readily available on Point-of-Sales basis, and certified financial institutions can also offer this facility to their customers. Individuals can purchase it from various e-commerce websites too. Moreover, applicants have to provide their valid driver’s license, address proof, registration documents of their vehicle, and valid KYC documents. Upon produc...