The National Highways Authority of India (NHAI) has partnered with Paytm to enable cashless transaction on highway tolls across India. Paytm FASTag will allow commuters to pass through 350 toll plazas in the country without the need to stop. The tag is placed on the vehicle and uses RFID technology to allow for cashless payments via the Paytm Wallet. The company hopes to collect Rs. 1,800 crore in toll charges over the coming months.
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