Paytm Payments Bank claims to issue more than 3M FASTags

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Noida-based Paytm Payments Bank recently claimed that it has issued more than three million FASTags till now, helping in the adoption of electronic toll payments across toll plazas in the country.

Over the past few months, the Ministry of Road Transport and Highways has been pushing for adoption of FASTags for all vehicles, private and commercial. Currently, 22 banks are certified to issue FASTags in the country.

Paytm FASTag allows a user to pay directly from their Paytm wallet, without requiring to create and recharge a separate FASTag wallet, the company said in a statement.

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