NHAI (National Highway Authority of India) has issued an advisory for Fastag users. In which he released the list of banks and said that Fastag should be purchased only from these banks. Paytm Payments Bank's name is not in this list. Therefore, users who use Paytm Fast Tag will now have to get a new Fastag.
Fastag will be valid only in these banks
Travel hassle-free with FASTag! Buy your FASTag today from authorized banks. @NHAI_Official @MORTHIndia pic.twitter.com/Nh798YJ5Wz
— FASTagOfficial (@fastagofficial) February 14, 2024
Hence the step taken
It is being told that NHAI has taken this decision to save Paytm Fastag users from hassles. So that they do not have to face any problem while crossing the toll plaza. Because Reserve Bank of India has banned Paytm Bank.
There are 7 crore Fastag users
Let us tell you that there are about 7 crore users of Fastag in India. Whereas Paytm Bank claims that it has more than 30 percent market share. According to estimates, Paytm Bank has 2 crore users.