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:
Milk, a fundamental source of nutrition and culinary inspiration, binds diverse societies worldwide through its…
Oxford Bookstores announced Bhavi Mehta as the winner of the 9th edition of the Oxford…
Shaikh Abdussalam Abdurrazzaq, the renowned Urdu litterateur and academician, popularly known by his pseudonym Salam…
In recent years, India has witnessed a significant surge in its honey production, emerging as…
Amidst the aftermath of ethnic strife and severe hailstorms, Manipur's government introduces the "School on…
Subodh Kumar (IAS), a 2010-batch Indian Administrative Service officer of Tamil Nadu cadre, has been…