PYMNTS

FEBRUARY 23, 2020

Our efforts are well-aligned with the government’s mission to ensure vehicles are equipped with toll tags,” said Satish Kumar Gupta, managing director of Paytm Payments Bank, in a statement. FASTags are prepaid rechargeable tags for toll collection that allow automatic payment deduction from a transponder affixed on a vehicle’s windshield.

Transportation 52

Transportation Banking Accounting Planning 52

PYMNTS

DECEMBER 30, 2019

The bank is going to allow non-bank prepaid payments (PPIs) and Unified Payments Interface (UPI) to link to FASTags, which is used to pay for things like tolls and parking. The tag will allow for the money to be deducted while the car is in motion, using radio frequency identification (RFID) technology.

Banking 52

Banking Transportation Retail Technology 52

PYMNTS

SEPTEMBER 19, 2017

It is unclear whether the iPhone X’s $999 price tag will drive Google to raise its prices as well. The eWallet, “ Tez ,” will let users pay local businesses as well as friends or family using the government-backed Unified Payments Interface (UPI) introduced last year. Take My Money.

Invoicing 40

Invoicing Cash Management Manufacturing Securities 40