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What is FASTag & who owns it?

What is FASTag & who owns it?

FASTag is an electronic toll collection system in India, operated by the National Highway Authority of India (NHAI). It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner. It is affixed on the windscreen of the vehicle and enables to drive through toll plazas without stopping for transactions. The tag can be purchased from official Tag issuers or participating Banks and if it is linked to a prepaid account, then recharging or top-up can be as per requirement. As per NHAI, FASTag has unlimited validity. Dedicated Lanes at some Toll plazas have been built for FASTag.

In January 2019, state-run oil marketing companies IOC, BPCL and HPCL have signed MoUs enabling the use of FASTag to make purchases at petrol pumps.

As of September 2019, FASTag lanes are available on over 500 national and state highways and over 54.6 lakh (5.46 million) cars are enabled with FASTag. Starting 1 January 2021, FASTag was to be mandatory for all vehicles but later was postponed to 15 February 2021.

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