FASTag is a “Radio Frequency Identification” (RFID) tag affixed to the user vehicle’s windshield, used to make payments at toll booths without using liquid money. This technology has recently been widely adopted in India, saving time from traffic jams. FASTag in India was first introduced in 2014 as a “Toll collection system for the national highways”. Since then, its adoption has gradually increased and was made mandatory for all vehicles in 2021. Currently, around 80% of toll payments are made through FASTag Apps.
There are many NBFCs that have dedicated apps for operating FASTag accounts. One must be careful when choosing from them. Choose a partner that has a market reputation, easy user interface, multipurpose application, and cashback offers, too.
More About FASTags
The “National Highway Authority of India” plays a significant role in the operation of Fastags. It can be accessed through the FASTag App, an electronic system that collects tolls directly through a web of national and state highways. FASTags are rechargeable Radio Frequency Identification(RFID) passive tags for toll collection with no expiry date.
- It made the mode of payment easier and reduced the dependency on cash transactions.
- Due to the easy online transaction process, fastag payments have reduced the waiting time at toll plazas.
- It played a role in the reduction of traffic congestion, leading to lower fuel consumption
- It made the toll payments transparent, thus reducing the possibility of fraud and revenue leakage.
How to Purchase a FASTag?
One can purchase and activate a Fastag for their vehicle by visiting any certified banks listed by the Government, like Axis Bank, ICICI Bank, and SBI, or from Bajaj Finserv or Paytm. Alternatively, toll plazas, RTOs, petrol pumps, or e-commerce platforms like Amazon, Flipkart, Pay TM, and Fino Payment Bank are other options for purchasing FASTag. People can even use Fastag Online to find the nearest sale point to the place. One thing customers need to keep in mind is that the same Fastag cannot be used for more than one vehicle.
Role of FASTags in Reducing Traffic Congestion
FASTags have played a significant role in the reduction of traffic congestion at toll plazas. Here is how:
Cashless Transactions
Fastags have enabled faster payments; vehicles can pass through the toll booths without stopping. This has been possible because of FASTags, as the toll is automatically deducted from the linked prepaid account after reading the barcode.
Real-time Updates
Many FASTag apps offer real-time traffic updates and information about congestion at the toll booths. This kind of real-time updating enables drivers to choose alternative routes or avoid congested areas, reducing the overall traffic flow.
Online Operation
The best part about FASTag online is that it is very convenient to recharge and manage the account. The user can quickly recharge their accounts online through a mobile app, ensuring they always have sufficient balance to travel. These FASTag apps allow for easy account management, which also includes viewing the transaction history and updating account details in case of changes in bank account or phone number, etc.
Dedicated Lanes
FASTag-enabled vehicles often have dedicated lanes at toll plazas, allowing them to move through more quickly than those using traditional cash payments. This separation minimises the time spent waiting in line for toll booths.
Which App to Use to Buy a FASTag?
Bajaj Finserv Pay Fastag is an electronic toll collection system introduced by Bajaj Finserv in India. It is a passive RFID tag affixed to the windshield of a vehicle, enabling automatic toll payments on highway toll payments. The Bajaj Pay Fastag offers a convenient and efficient way for commuters to enjoy a hassle-free journey on national highways and select city toll plazas.
Conclusion
FASTag helps make your journey through highways smoother and faster. You won’t have to stop at the toll and wait in traffic, thus saving time. While there are several platforms that offer digital tolling facilities, opting for Bajaj Finserv guarantees transparency. The app is simple to use and accepts payments in various modes.