National Payments Corporation of India (NPCI) has fostered the National Electronic Toll Collection (NETC) program to meet the electronic ringing prerequisites of the Indian market. It offers an interoperable cross country cost instalment arrangement including clearinghouse administrations for settlement and question the executives. Interoperability, as it applies to National Electronic Toll Collection (NETC) framework, incorporates a typical arrangement of cycles, business rules and specialized determinations which empower a client to utilize their FASTag Recharge as an instalment mode on any of the cost courts independent of who has gained the cost square.
FASTag is a gadget that utilizes Radio Frequency Identification (RFID) innovation for making cost instalments straightforwardly while the vehicle is moving. Therefore FASTag (RFID Tag) is appended on the windscreen of the vehicle and empowers a client to make the cost instalments straightforwardly from the record which is connected to FASTag.
FASTag offers the accommodation of credit only instalment alongside benefits like – investment funds on fuel and time as the client doesn’t need to stop at the cost square.
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Contents
To create a composite interoperable ecosystem. | Provides an interoperable secure framework capable of use across the country. |
Simple and robust Framework. | It increases transparency and efficiency in processing transactions. |
To serve the sub-goal of the Government of India. | Electronification of retail payments. Reduce air pollution by reducing the congestion around the toll plaza. Reduce fuel consumption. Reduce cash handling. Enhance audit control by centralizing user account. |
FASTag is an RFID latent tag utilized for making cost instalments straightforwardly from the clients connected paid ahead of time or investment funds/current record. It is joined on the windscreen of the vehicle and empowers the client to pass through cost squares, ceaselessly for any cost instalments. The cost toll is straightforwardly deducted from the connected record of the client. FASTag is likewise vehicle explicit and whenever it is fastened to a vehicle, it can’t be moved to another vehicle. FASTag can be bought from any of the NETC Part Banks. Assuming a FASTag is connected to the prepaid record, so it should be re-energized/bested up as per the utilization of the client. On the off chance that sufficient equilibrium isn’t kept up with by the client, the FASTag gets boycotted at the cost square.
In such a situation if the client goes through a cost square without re-energizing then he will not have the option to benefit from the NETC benefits and would be needed to pay the cost admission through cash.
Transaction Type. | Off-line; near real-time transaction processing as the toll plazas send the transactions within 10 mins intervals. |
Interoperability. | NETC ecosystem supports multiple issuers and multiple acquirers’ i.e. Tag issued by any member bank is accepted at all toll plazas (under the NETC program) acquired by any member bank in a safe and secured manner. |
Flexibility to choose the underlying payment instruments. | Customers can link their FASTag to their existing savings/current account or to a prepaid account basis the offering from the Issuer member banks. For opening a prepaid account it is not mandatory to have an existing relationship with the issuer bank. |
Tag Issuance. | Can be issued by member banks, authorized for NETC Program. |
Cashless Payment. | FASTag facilitates electronic payments at the toll plaza while the vehicle is in motion. |
Save Time and Fuel. | Customers can travel without stopping at the toll plaza by using the FASTag thus reduce congestion at plazas and, saving fuel and reduce travel time. |
Recharge FASTag account online. | Customers can recharge FASTag account online through issuing member banks portal using UPI/ Credit Card/ Debit Card/ NEFT/ RTGS /Net Banking. |
At whatever point the vehicle goes through the ETC path of the Toll Plaza, the Toll Plaza framework catches the FASTag subtleties like (Tag ID, TID, Vehicle class, and so forth) and sends it to the Acquiring bank for preparing.
The Acquiring bank sends a solicitation to the NETC Mapper to approve the label subtleties.
When the Tag ID is approved, NETC Mapper reacts with subtleties like Vehicle class, VRN, Tag Status and so forth If the Tag ID is missing in NETC Mapper, it will react that the Tag ID isn’t enrolled.
After effective approval of Tag ID from NETC Mapper, the acquirer have ascertained the fitting cost toll and start a charge solicitation to NETC framework.
NETC System will switch the charge solicitation to the particular backer bank for charging the record of the client.
The backer host will charge the connected label holder account and sends an SMS caution to the label holder. Therefore Guarantor has will send the reaction message to the NETC framework. If the reaction isn’t sent inside the characterized TAT, so the exchange is considered as Deemed Accepted.
NETC framework will advise the reaction to acquirer have.
Acquirer host will tell to particular cost square framework.
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You can re-energize your FASTag whenever and anyplace through Paytm. FASTag, that deals with Radio Frequency Recognizable proof (RFID), and with its assistance, the cost charge deducts from your FASTag account when you go through a FASTag cost path. At whatever point you make a FASTag re-energize, the sum gets added to your FAStag account and can be deducted while you go through the FASTag cost lines.
No, you ought to re-energize your FASTag in advance so you don’t discover any difficulty with the tollgates. You should pay the twofold sum on the off chance that you make disconnected cost instalments.
Having FASTag on your vehicle has become required since January 15, 2020. You should pay twofold if you neglect to have a FASTag on your vehicle as a punishment.
No, you can’t move the FASTag equilibrium to one record from another record. When you re-energize your FASTag with some cash, you can just spend it by paying the cost charge on the FASTag cost paths.
To re-energize your FASTag account, Enter your vehicle number and select the bank where your FASTag account makes under the FASTag Issuing Bank choice. So enter the sum you need to re-energize and pay to utilize your Amazon Pay UPI account.
Re-energizing through your bank: Around 23 banks permit you to apply for and re-energize FASTag. Your bank’s site will have a FASTag symbol permitting you to apply and re-energize. The choice is additionally accessible on all banking applications, for example, your HDFC PayZapp application, SBI YONO application, and so on
You can either really look at your new SMS for your FASTag exchange, so which will show you your current FASTag balance. Then again, assuming you have the NHAI FASTag, you can likewise give a missed call at the complementary number-+91-8884333331, which is accessible 24*7.
To actuate your FASTag yourself, you need to download the ‘My FASTag App’ and enter the necessary subtleties like Customer ID, RFID Number, Wallet ID, Vehicle ID. So in the wake of initiating, you will have the choice to connect your FASTag to any of your current banks or prepaid wallets.
FASTag, India’s electronic cost assortment chip for public expressways, is obligatory for all vehicles. As of now, more than 80% of all costs gathered across public expressways is through FASTag. Thusly, not having a FASTag introduce in your vehicle might end up being extremely awkward while driving on public expressways.
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To find the FASTag Issuing Bank for the FASTag stuck on your vehicle; basic check for the logo of the supplier on the FASTag from inside the vehicle or vehicle. So you ought to have the option to think that it is on the left-hand side as displayed in the picture (ICICI Bank in the model).
You may log in to Customer Portal at www.kotak.com/fastag to look at your FASTag Status. You will likewise get an SMS ready when the Tag place in Low Balance or Active.
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