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PayTm payments bank launched PayTm FASTag

Megha Jain

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Monday, Paytm payments bank in collaboration with the National Highway Authority of India, has unveiled their electronic toll fee collecting system, Paytm FASTag. It is a reusable tag enabled with Radio Frequency Identification Technology (RFIT), that will be placed on the windscreen of the vehicle and allows it to pass through 380 toll plazas across India without stopping. FASTag can also be purchased from Paytm app.