National Payments Corporation of India (NPCI) announced that Mumbai is now FASTag ready with the city’s 3 of the major toll plazas – Airoli, Mulund Eastern Expressway, and Mulund (LBS Marg) going live on NETC FASTag platform. Rajiv Gandhi Sea link plaza and Vashi Toll plaza have already enabled the platform, providing a seamless, on-the-go toll payments experience. The implementation work at Dahisar toll plaza is underway and is expected to go live soon. ICICI Bank is the first bank to integrate with the FASTag technology at plazas at Vashi, Airoli, Mulund Eastern Express Way, Mulund (LBS Marg), and Dahisar. The Bank will continue to work closely with MEP infrastructure, operator of the toll plazas, to bring in the best practices implemented at national highways. The bank was the first to launch the innovative service of FASTag nationally, on the Mumbai – Vadodara corridor, way back in 2013. As the entries to the city are now enabled on the FASTag platform, NPCI is also expecting all parking lots in the city to gradually adopt 100% smart and contactless parking with this unique platform. A few months ago, the FASTag led contactless car parking was introduced at Hyderabad International Airport. This system is now playing a significant role in reducing queues at the entry and exit of the parking lot, thereby offering a convenient parking payment experience to customers. The Mumbai-Pune Expressway toll plaza, which is already on the platform since its inception, has also now migrated to the latest technological specifications, making the inter-city travel experience seamless for commuters. In November 2020, the transaction count of NETC FASTag stood at 124.88 million with a transaction value of Rs 2102.02 crore.
