Blog

May 18, 2023

Paytm users can now pay through FASTag at select Airport parking in India, check out how 

By India Today Tech: Commuters now have the convenience of paying parking fees

By India Today Tech: Commuters now have the convenience of paying parking fees using Paytm FASTag at airport parking lots. While FASTag was initially used exclusively for paying toll fees on highways, it now allow users to seamlessly enter and exit select airport parking lots in India without making cash payments.

Paytm payments bank has made an important announcement regarding car parking at Patna Airport, which is authorized by the Airport Authority of India (AAI). The payments app has introduced a new feature that allows people to pay for car parking using a system called FASTag. To implement this service successfully, PPBL has partnered with ASN, a parking management service provider. The whole idea behind the collaboration is to address the issue of congestion and long queues that often occur at airport parking lots.

Previously, car owners had to go through the hassle of making cash payments for parking their vehicles at Patna Airport. However, with the new service enabled by PPBL, this process has become much more convenient. By utilizing FASTag, customers can now make seamless payments for their parking fees without the need for cash transactions. This innovation is designed to enhance the travel experience for individuals by eliminating the inconvenience associated with carrying physical currency.

PPBL's partnership with ASN, the parking management service provider, brings together their respective expertise to tackle the problem of congestion at airport parking lots. By collaborating, they aim to streamline the payment process and reduce the time spent in queues. The implementation of FASTag payments at Patna Airport will allow car owners to enjoy smoother entry and exit experiences without the need to wait in long lines for payment.

The technology behind this payment system relies on FASTag, an electronic toll collection system that has become popular in Inda. FASTags are known for their user-friendly onboarding process, requiring minimal documentation, instant activation, and exceptional customer care support. The use of FASTag for parking payments at Patna Airport means that visitors and passengers can utilize dedicated lanes specifically designed for FASTag users. As vehicles approach the entry or exit points, a sensor reads the RFID sticker attached to the vehicle, automatically deducting the applicable parking charges from the user's Paytm wallet or the linked account associated with their FASTag.

Surinder Chawla, the Managing Director and CEO of Paytm Payments Bank, expressed his excitement about this new development. He highlighted that PPBL is the largest issuer of FASTags in the country and emphasized their commitment to providing seamless travel experiences by enabling automatic toll and parking deductions from users' Paytm Wallets. Chawla believes that the partnership at Patna Airport will significantly improve the entry and exit process for individuals, ultimately contributing to enhanced urban mobility.