Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

CSC signs MoU with Paytm Payments Bank for sale of FASTags

PTI
Updated: January 3rd, 2020, 22:44 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi:  CSC e-Governance Services India Friday said it has signed a memorandum of understanding with Paytm Payments Bank Ltd (PPBL) for sale of FASTags.

The agreement will facilitate sale of PPBL FASTags through the last mile network of 3.6 lakh CSCs, helping realise the government’s vision of cashless and smooth transit at all toll plazas across country, a statement said.

Also Read

Passenger vehicle sales SIAM

Automobile exports from India rise 22% in Apr-June

2 hours ago
IPO

IPO fundraising up 45% to Rs 45,350 cr in Jan-Jun despite global trade headwinds

2 hours ago

“As per the MoU, CSC and Paytm Payments Bank will jointly aim to sell FASTags. For this, CSC will integrate its platform with Paytm Payments Bank to carry out seamless transactions,” it added.

The Village Level Entrepreneurs will be trained on conducting paperless and cashless sales, the statement said.

FASTags — which work on Radio Frequency Identification (RFID) technology — have been made mandatory at toll gates on national highways. The FASTag process allows toll payments directly from the prepaid or savings account linked to it, thus doing away with the need for waiting in queues, saving time and fuel.

As of December 31, over 1.15 crore FASTags have been issued.

CSCs started selling FASTags in September 2017 when it partnered with Equitas Bank. Later on, State Bank of India and HDFC Bank came onboard.

Since March 2019, CSC has tied up with National Highways Authority of India (NHAI) also for selling FASTags. Around 2.84 lakh FASTags have been sold by CSCs across the country so far, with Maharashtra, Punjab, Tamil Nadu, Kerala, Haryana and Gujarat topping the list of states with maximum sales.

“CSCs have been providing FASTag service for the past two years. With FASTags becoming mandatory, we have received more than 8 lakh orders from VLEs. The transition towards digitization of toll tax payments through digital payment is a significant step towards modernisation,” CSC SPV CEO Dinesh Tyagi said.

In addition, CSCs are also serving the vehicle owners and transporters through FASTag ‘top-up’ through wallet recharge. So far, more than Rs 74 crore worth top-up for FASTags has been done by VLEs across the country.

(PTI)

Tags: CSCFASTagPaytm
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

slide 2 to 4 of 30
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019

Archives

Select Month

    Editorial

    Wild Swing

    July 20, 2025

    The BJP is seen today as a corporate-friendly political party, and this is the view held by both the party’s...

    Read more

    Indefinite Tenure

    Power of Continuity
    July 19, 2025

    There was a time when “superannuation” meant something. Now it’s just the date you pencil in until the next extension...

    Read more

    Use & Abuse

    Courtesy: Tech Crunch
    July 16, 2025

    Freedom of speech and expression is the soul of democracy and to rob an individual of that fundamental right is...

    Read more

    Trump Targets BRICS

    July 15, 2025

    US President Donald Trump is opening new theatres of his global tariff war. This appears to be a strategy he...

    Read more
    • Home
    • State
    • Metro
    • National
    • International
    • Business
    • Editorial
    • Opinion
    • Sports
    • About Us
    • Advertise
    • Contact Us
    • Jobs
    Developed By Ratna Technology

    © 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST

      • News in Odia
      • Orissa POST Epaper
      • Video
      • Home
      • Trending
      • Metro
      • State
      • Odisha Special
      • National
      • International
      • Sports
      • Business
      • Editorial
      • Entertainment
      • Horoscope
      • Careers
      • Feature
      • Today’s Pic
      • Opinion
      • Sci-Tech
      • About Us
      • Contact Us
      • Jobs

      © 2024 All rights Reserved by OrissaPOST