Paytm Payments Bank has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags. According to the National Payments Corporation of India (NPCI), over 3.47 crore FASTags were issued by all banks together till the end of June 2021. Paytm Payments Bank (PPBL) now has close to 28 per cent share as FASTag issuer bank. In the last 6 months alone, PPBL has equipped over 40 lakh commercial & private vehicles with FASTags.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Besides this, Paytm Payments Bank is also India’s largest acquirer of toll plazas for the National Electronic Toll Collection (NETC) program offering an interoperable nationwide toll payment solution. According to PPBL, 280 out of the total 851 toll plazas across the national and state highways are now using its payment gateway to collect toll charges digitally.
Important takeaways for all competitive exams:
NASA has announced the crew for the Artemis III mission which is scheduled for the…
The renowned filmmaker Bharathi Rajaa was passed away in Chennai at the age of 84.…
On 9th of June, 2026 India had achieved the successful breakthrough of the main tunnel…
Honorable Prime Minister Narendra Modi is set to embark a six day visit to France…
Union Home Minister Amit Shah has launched the Land Port Management System (LPMS) ‘VINIMAY’ in…
The Reliance Industries Limited (RIL) and Meta Platforms have announced the strategic partnership to establish…