About 1.8 crore FASTags will need to be replaced swiftly to avoid delays and inconvenience at toll booths. This sudden increase in demand poses a challenge for FASTag manufacturers to fulfil these requirements quickly and efficiently, the company said.
As per the RBI's latest directive, FASTags issued by Paytm won't be allowed to function after March 15th, 2024. As users must buy a new FASTag post-deactivation, here is everything one needs to know, from deactivating the Paytm FASTag to purchasing a new one from NHAI.
By RBI order, PPBL will stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after March 15.