FINO Payments Bank FASTag

Under the NETC initiative, FINO Payments Bank provides FASTag services to allow users to pay tolls using RFID technology and a cashless solution for personal and commercial vehicles. FINO Payments Bank accounts come with a “purchase the tag online” using the FINO Pay app or from a point-of-sale (POS) location, while advertently permitting the user to link multiple vehicles applicable to a single prepaid FASTag wallet. The FASTag is placed on the windscreen of the vehicle, permitting the automatic deduction for toll payments.

FINO Payments Bank offers a number of digital functionalities that help track FASTag: online recharges that users can complete using UPI, net banking and/or cards, SMS notifications alerting the user to toll payments and low balances, and a self-care portal to track account balance and transactions. FINO FASTag complies with NPCI specifications, and has a five-year life-span, creating a fast and convenient cashless tolling solution for urban commuters and fleets.

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