ICICI Bank has introduced a partnership with Google, which is able to enable customers to challenge FASTag utilizing Google Pay. Currently Google Pay customers may recharge their FASTag on the app, however buying one straight from the Google app was not doable. The new partnership will now enable customers to conveniently order, monitor, and recharge ICICI Bank FASTags from the app itself. The authorities has made January 1, 2021 as the brand new date for mandatorily including FASTags to automobiles.
The announcement makes ICICI Bank the primary financial institution to hitch palms with Google Pay for the issuance of FASTag. This may even add competitors for Paytm, which at the moment points FASTags from the app as properly and is sort of a well-liked alternative for a lot of prospects.
“With the increased adoption of digital payments in all walks of life, we believe that this collaboration with Google will help Google Pay users to apply for a new FASTag and get it delivered free of cost at their doorstep. The association gains prominence during the widespread pandemic as this allows any Google Pay user to order and receive FASTag in a seamless and contact-less manner”, Sudipta Roy, Head- Unsecured Assets, ICICI Bank stated in a press assertion.
FASTag is an digital toll assortment system, operated by the National Highway Authority of India (NHAI). FASTag permits individuals to drive by means of the FASTag lanes with out having to cease to pay the toll taxes as costs are deducted from the pay as you go or checking account. Users can merely recharge their FASTag and go by means of toll plazas with out worrying about change or stopping.
So how can one purchase a FASTag from Google Pay utilizing the ICICI Bank as an possibility
1. Open the Google Pay app.
2. Tap on ICICI Bank FASTag underneath Businesses.
3. Tap on Buy new FASTag possibility.
4. Enter your PAN card particulars, registration certificates (RC) copy, car quantity, and tackle particulars.
5. Verify your cellular quantity by means of OTP.
6. Proceed for fee.
7. Order will get positioned as soon as the fee is completed. The FASTag ought to be delivered to your private home, and you’ll then paste it in your automotive. Recharge it from the when app travelling exterior town.