Remove tag upi payment system
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RBI To Allow Non-Bank And UPI Methods For FASTags Payments

PYMNTS

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . 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.

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Paytm To Sell, Recharge eToll Payment Tags In India 

PYMNTS

Paytm Payments Bank is teaming up with ride-hailing firms — including Ola and Uber — to enable some 100,000 drivers to buy and recharge FASTags at major cities country-wide, DealStreetAsia reported on Sunday (Feb. This latest campaign targets gig economy drivers and follows Paytm’s re-signing of an exclusive payment partnership with Uber. .