FASTag

2024 - 2 - 17

Paytm FASTag Controversy: NHAI Excludes Paytm from Authorized Banks List

FASTag - NHAI - Paytm - RBI

The National Highways Authority of India (NHAI) excludes Paytm from its list of authorized FASTag banks. Learn more about the recent controversy.

The controversy surrounding Paytm FASTag has escalated as the National Highways Authority of India (NHAI) has removed Paytm from the list of authorized banks for issuing FASTags. NHAI, through its toll collecting arm IHMCL, has urged highway users to acquire FASTags from the 32 authorized banks excluding Paytm. The move came amidst regulatory issues, emphasizing the significance of compliance and reliability in toll transactions. NHAI's decision has raised concerns among users about the validity of their existing Paytm-linked FASTags post March 15.

The exclusion of Paytm from the authorized banks' list for FASTags has led to speculation and questions among users regarding the future usability of their Paytm FASTags. Industry insiders have indicated a surge in demands for FASTags from other banks following the controversy surrounding Paytm Payments Bank. Airtel Payments Bank, in particular, has experienced a significant increase in FASTag orders compared to normal.

This development has prompted the RBI to issue FAQs to address concerns related to the Paytm Payment Bank crisis and its impact on FASTag services. The official list of 32 authorized banks for FASTag issuance has been released, highlighting the exclusion of Paytm from the service. It is advised that users stay informed about the evolving situation and consider alternative options for FASTag services to ensure seamless toll transactions.

Overall, the recent controversy involving Paytm FASTag and NHAI underscores the importance of regulatory compliance and reliability in digital payment services, particularly in critical infrastructure like toll collection on highways.

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Image courtesy of "Hindustan Times"

Paytm FASTag: Can I continue to use it to pay toll? RBI issues FAQs ... (Hindustan Times)

The Indian Highways Management Company Ltd (IHMCL), toll collecting arm of state-owned NHAI, has advised highway users to buy FASTags from 32 authorised banks ...

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FASTag: बनवाना होगा नया फास्टैग, पेटीएम का नहीं करेगा काम, लिस्ट से ... (अमर उजाला)

पेटीएम का फास्टैग अब काम नहीं करेगा। उसे अधिकृत बैंकों की सूची से हटा दिय ...

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Image courtesy of "DATAQUEST"

NHAI Excludes Paytm from FASTag Authorized Banks List (DATAQUEST)

News: NHAI excludes Paytm from its list of FASTag banks due to regulatory issues. This move highlights the importance of compliance and reliability in toll ...

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Image courtesy of "आज तक"

क्‍या किसी दूसरे बैंक में पोर्ट हो सकता है Paytm FASTag अकाउंट? जानिए ... (आज तक)

Paytm FASTag: NHAI के एडवाइजरी में फास्‍टैग खरीदने के लिए 32 बैंकों की लिस्‍ट जारी की गई है, जिसमें पेटीएम पेमेंट्स बैंक का नाम शामिल नहीं है.

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Image courtesy of "India Today"

Will your Paytm FASTag work after March 15 or is it time to change? (India Today)

The National Highway Authority of India (NHAI) did not include Paytm Payments Bank in its latest list of 32 banks authorised for the FASTag service.

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Image courtesy of "Business Standard"

Paytm Payments Bank saga: FASTag makers gear up as demand ... (Business Standard)

According to industry sources, Airtel Payments Bank has placed 5x to 7x more orders for FASTags than they would place in a normal order.

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Image courtesy of "The Economic Times"

Paytm Fastag: Will your Paytm-linked FASTag work after March 15 ... (The Economic Times)

The Reserve Bank of India (RBI) on Friday issued a set of FAQs relating to the Paytm Payment Bank crisis. The central bank also said that the FASTag linked ...

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Image courtesy of "The Quint"

Paytm Invalid for FASTag, Says NHAI: Check Full List of 32 ... (The Quint)

The National Highways Authority of India (NHAI) has removed Paytm from the list of authorised banks to issue new FASTags. People must note down that they ...

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Image courtesy of "V6"

FASTag Providers: ఫాస్టాగ్ ప్రొవైడర్ల ఎంపికలో సందేహాలున్నాయా ... (V6)

ఫాస్టాగ్ అనేది మీ వాహనం విండ్ షీల్డ్ పై ఉన్న స్టిక్కర్.. ఇది టోల్ బూత్ వద్ద ప్రయాణాన్ని సులభతరం చేస్తుంది. టోల్ బూత్ లవద్ద టైం వేస్ట్ కాకుండా ...

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Image courtesy of "India Times"

Official List Of 32 Banks Authorized For FASTag Service Released ... (India Times)

It has advised highway users to obtain Fastags from a selection of 32 authorised banks. As expected, Paytm Payments Bank has been excluded. fastag official ...

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Paytm Fastag: 2.4 करोड़ लोगों पर NHAI के इस फैसले का असर, जानिए कैसे ... (अमर उजाला)

एनएचएआई की टोल संग्रहण इकाई भारतीय राजमार्ग प्रबंधन कंपनी लि. (आईएचएमसीएल) ने फास्टैग यूजर्स के लिए एक एडवाइजरी जारी की ...

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Paytm Fastag: NHAI के फैसले से 2.4 करोड़ लोग होंगे प्रभावित, जानें कैसे ... (Agniban)

इसकी वजह…भारतीय राष्ट्रीय राजमार्ग प्राधिकरण (एनएचएआई) ने फास्टैग जारी करने वाले अधिकृत बैंकों की सूची से पेटीएम पेमेंट्स बैंक को ...

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Image courtesy of "Times of India"

Fastag users need to shift to another bank (Times of India)

India Business News: RBI clarifies that while Paytm Payments Bank functions will cease, UPI payments will continue for non-PPBL customers.

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Image courtesy of "Agniban"

Paytm Fastag: NHAI के फैसले से 2.4 करोड़ लोग होंगे प्रभावित, जानें कैसे ... (Agniban)

नई दिल्ली (New Delhi)। भारतीय राष्ट्रीय राजमार्ग प्राधिकरण (एनएचएआई) (National Highway Authority of India (NHAI) ने फास्टैग जारी करने ...

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Image courtesy of "अमर उजाला"

Paytm FASTag: क्या किसी दूसरे बैंक में करा सकते हैं पोर्ट, यहां जानें सभी ... (अमर उजाला)

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Image courtesy of "Times of India"

Fastags are not interoperable, says RBI: How to deactivate Paytm ... (Times of India)

National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from the list of authorised Fastag providers.

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Image courtesy of "Samayam Telugu"

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Image courtesy of "Namasthe Telangana"

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Image courtesy of "India Today"

Paytm FASTag holders advised to switch to other banks by March 15 ... (India Today)

The Indian Highways Management Company Ltd (IHMCL), which collects tolls for the government on highways, says people should get FASTags from 32 banks, ...

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Image courtesy of "The Economic Times"

paytm fastag: Can you use Paytm FASTag after March 15? - The ... (The Economic Times)

Paytm FASTags: RBI issued a directive restricting Paytm Payments Bank Account/Wallets from accepting new deposits or allowing credit transactions.

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Paytm Fastag को लेकर बड़ा अपडेट, RBI ने बताई, क्या है लास्ट डेट? (आज तक)

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Image courtesy of "नवभारत टाइम्स"

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NHAI ने पेटीएम पेमेंट बैंक के फास्टैग सर्विस को अथॉराइज़ेशन लिस्ट से हटा दिया है। पेटीएम फास्टैग यूजर्स को पैसे रिफंड कर दिए जाएंगे।

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Image courtesy of "Zee News Hindi"

Paytm Fastag: 2 करोड़ यूजर को कंफ्यूजन, कैसे बंद होगा पेटीएम फास्टैग ... (Zee News Hindi)

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Image courtesy of "ABP News"

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Image courtesy of "The Economic Times"

Paytm Fastag account: How, why and by when you have to ... (The Economic Times)

Paytm Payments Bank Ltd has been removed from NHAI's approved list of Fastag providers. Users must deactivate their Paytm Fastag and obtain a new one from ...

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Image courtesy of "Times of India"

Paytm Fastag alternatives: List of all the banks where you can get ... (Times of India)

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