ICICI Bank FASTag offered on Google Pay New Delhi, Dec 28 (PTI) ICICI Bank on Monday announced its collaboration with Google Pay for issuance of FASTag by means of UPI on the payments app.
This enables Google Pay customers to order, track and even recharge ICICI Bank FASTag conveniently and digitally by means of UPI on the payments app itself.
“This initiative ensures the safety of the applicants as they don’t have to visit merchants or toll locations to buy a FASTag. With this, ICICI Bank becomes the first bank to join hands with Google Pay for issuance of FASTag,” according to a statement.
FASTag is a brand name owned by Indian Highways Management Company Ltd (IHMCL), which carries out electronic tolling and other ancillary projects of National Highway Authorities of India (NHAI), it mentioned, adding National Payments Corporation of India (NPCI), IHMCL and NHAI are working with each other to make state and national highway toll payments fully digital.
The collaboration of ICICI Bank with Google Pay additional strengthens digital payments for FASTag and the bank was the 1st to launch the revolutionary service of FASTag nationally on the Mumbai-Vadodara corridor way back in 2013, it added.