Fastag promotes the use of digitized methods to deduct toll charges automatically without needing to stop your vehicle. Usually most of us when traveling from one state to another or using a highway; stop at toll plazas and wait in queues to pay in cash for the toll. The con of this process is that is a time-consuming method where you utilize crucial time in waiting for the vehicles before you to move ahead and pay the toll charges. It is irritating and also means that you carry changes in your wallet.
Fast forward to the RFID or radio-frequency identification technology, also called Fastag that is fixed to your vehicle so that you can zoom past everyone else on the toll plaza – no stopping, no waiting and no paying in cash. The money is automatically detected from the account that has been linked to your Fastag.
Advantages of using the Fastag
- It is obviously a big-time savior. Keeps everyone’s mood and spirits intact and high.
- One of the greatest benefits of the Fastag is that it helps save fuel – Indian weather conditions are such that most of us keep the air-conditioning on when we were are waiting at traffic lights and toll plazas – which means waste of petrol, diesel, gas etc.
- It is a form of prepaid connection just like a prepaid mobile recharge card. The Fastagcan be recharged at any time from any place. Every time your vehicle crosses the toll, the requisite amount is automatically deducted from your balance.
- No more dealing in cash.
How to use Fastag?
A Fastag will be issued by the National Electronic Toll Collection department. You can choose to link the RFID tag either to your bank account or to an e-wallet from a credible service provider like Paytm, MobiKwik or PhonePe. In order to be able to do this link up, you would be required to have a bank account with the respective bank or be a registered wallet user with the e-wallet service provider.
In case you choose to go ahead with the latter option, a sub-wallet is created from your existing e-wallet that is called the Fastag Wallet. This particular sub-wallet will have a monetary limit to it as per rules laid down by RBI, the apex financial body in India. Pertaining to changes made in the rules and regulations by the apex body, the same will automatically apply to your general e-wallet and the Fastag Wallet.
Once your vehicle has been equipped with the RFID tag, you would be required to travel using the ETC or the Electronic Toll collection lane which has a device to sense the tag and initiate a payment processing mechanism at the backend for the money to get deducted from yourFastag Wallet.
There are certain dos and don’ts here – for example, this particular sub-wallet cannot be used for any other commercial online transactionand payment. Also customers cannot have more than one such tag on their vehicle. It is the customer’s responsibility to keep the tag safe and would need to submit their original vehicle registration certificate to get the tag issued.