What is FASTag?
It’s an electronic toll system used to collect tolls by the National Highway Authority in India. FASTag is founded by the Ministry of Road Transport and Highways. It works on the application of Radio Frequency Identification Technology for making toll payments. It’s a simple & reusable tag that works RIFD(Radio Frequency Identification). FASTag is Sticker that will be stuck on your windshield. FASTag is linked to persons Paytm wallet to automatically deduct toll charges when passing through Toll Plaza. Allowing you to drive through the FASTag Lane at the Toll Plaza without having to stop to pay the toll tax. It ensures less traffic on the toll lanes.
FASTag is like one of many things that made the dream of our Prime-Minister “Digital India” come true. It ensures payment via electronic medium and seamless movement through the plaza. FASTag has been made mandatory for four-wheelers from February 15, 2021.
The previous year, the Government made it compulsory for all four-wheelers, will all but one lane dedicated for FASTag failed to yield the desired result. With this decision of the Union Ministry of Road Transport and Highways (MoRTH), owners of four-wheelers who purchased their vehicles before December 1, 2017, have to register compulsorily.
New third-party vehicle insurance will be issued to you, only if you have a valid FASTag. To capture the details on your FASTag ID or the Third Party Insurance it will be available on Form 51 (Certificate of insurance).
MoRTH has decided to available FASTag at multiple channels like Paytm, Banks, NPCI, and many more.
Also Check: HOW TO ACCEPT BITCOINS AS PAYMENTS IN SHOPIFY
How to use FASTag ?
How to Buy Paytm FASTag?
- Search for “FASTag” or click on the Buy FASTag icon on the Paytm App.
- You will be redirected to Paytm FASTag for Car/Jeep/Van Class 4 Vehicles.
- Enter your Vehicle Registration Number.
- Confirm your delivery address & proceed for payment through any of the available payment options.
- Tag will be dispatched free of cost to your registered address.
How much does FASTag cost?
What are the benefits of using FASTag?
There is a vairaty of apps and banks which acts as an intermediate between you and the goverment. Paytm was the first merchandise to feature FASTag.
What if FASTag Not Working?
For more News and Updates subscribe to News.Oyprice down below.