Paytm Payments Bank on Monday said it has launched the country’s first FASTag-based Metro parking facility, in partnership with the Delhi Metro Rail Corporation (DMRC).
“As an acquiring bank for the parking facility at the Kashmere Gate station, Paytm Payments Bank will facilitate the processing of all FASTag-based transactions for cars having a valid FASTag sticker, thus eliminating the hassle of stopping and paying cash at the counter,” an official statement said.
It has enabled a UPI-based payment for two-wheelers entering the parking site, thereby digitising the entire parking payments.
Once the FASTag system is in place,
“As an acquiring bank for the parking facility at the Kashmere Gate station, Paytm Payments Bank will facilitate the processing of all FASTag-based transactions for cars having a valid FASTag sticker, thus eliminating the hassle of stopping and paying cash at the counter,” an official statement said.
It has enabled a UPI-based payment for two-wheelers entering the parking site, thereby digitising the entire parking payments.
Once the FASTag system is in place,