India’s homegrown Paytm Payments Bank Ltd (PPBL) is one of the issuers of FASTags and has, so far, issued over 1.24 crore of them till date, which accounts for almost 30 percent of the total issued in the country. Paytm FASTag has seen this kind of popularity mainly because it offers convenience to users as it allows them to directly pay from their Paytm Wallet. Users do not need to create any separate account or download a wallet to recharge their FASTags, according to the company.
Additionally, it also comes with seamless onboarding with minimum documentation, instant activation and customer care support. It can be known that you do not require any separate login credentials for the issuance process. Also, all FASTag transactions can be monitored on the Paytm app. Adding to the convenience of vehicle owners, Paytm Payments Bank has also put up kiosks near the toll plazas, from where vehicle owners can purchase pre-activated PPBL FASTags instantly.
Whenever you cross through the FASTAg enabled toll plaza, applicable toll charges will automatically get deducted from your Paytm Wallet.
Paytm Payments Bank offers digital payment and banking experience with its mobile-only savings accounts, current accounts, fixed deposits with partner banks, and payment instruments like wallets, UPI, FASTag among other services to Indians. Here’s how you can get Paytm FASTag:
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