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Paytm Payments Bank To No Longer Sell FASTags? Here's What NHAI Said

The National Highway Authority of India (NHAI) has officially ceased its association with Paytm Payments Bank Ltd (PPBL) for the provision of FASTag services. This decision comes in the wake of the Reserve Bank of India (RBI)'s directive, effectively rendering Paytm FASTags non-functional post-February 29., Personal Finance News, Times Now ....

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Is Paytm FASTag working? Will you be able to transfer or close your Account?

Indian Highways Management Company Ltd (IHMCL), toll collecting arm of NHAI, has advised commuters to buy FASTags from 32 authorised banks except Paytm Payments Bank for hassle-free travel. It may be recalled that the Reserve Bank of India on January 31 directed Paytm Payments Bank (PPBL) to stop accepting deposits or top-ups in any customer accounts, wallets, FASTTags and other instruments after February 29. ....

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