Categories: Agreements

ICICI Bank, PhonePe Tie Up For Issuance Of FASTags

ICICI Bank, PhonePe partner to issue FASTag

ICICI Bank and PhonePe announced their partnership for the issuance of FASTag using UPI on the PhonePe App. This integration allows over 280 million registered PhonePe users to order and track the ICICI Bank FASTag conveniently on the app.

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PhonePe users, who may be customers of any bank, will have a fully digitised experience as they don’t have to visit physical stores or toll locations to buy a FASTag. ICICI Bank is the first bank to partner with PhonePe for the issuance of FASTag. NPCI, IHMCL and NHAI are working together to make toll payments fully digital.

Important takeaways for all competitive exams:

ICICI Bank Headquarters: Mumbai, Maharashtra.
ICICI Bank MD & CEO: Sandeep Bakhshi.
ICICI Bank Tagline: Hum Hai Na, Khayal Apka.
CEO of Phonepe: Sameer Nigam
Headquarters location of Phonepe: Bengaluru, Karnataka.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.