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FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI). [3][4] 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 ...
2013 - IDFC becomes the first Indian institution to adopt Equator principles. [59] 2014 - RBI grants a banking license to IDFC Bank. [60] 2017 - The bank IDFC Bank is the first in India to launch an Aadhaar-linked cashless merchant solution. [61] [62] 2018 - IDFC Bank merged with Capital First to create IDFC First Bank. [63]
Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24/7 throughout the year including bank holidays. National Electronic Funds Transfer (NEFT) was also made available 24/7 from ...
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India. FASTag is the electronic toll collection system in India, operated by the National Highway Authority of India (NHAI). [8][9] It employs RFID for making toll payments directly from the prepaid balance or savings account linked to it. A transponder is affixed on the windscreen of the vehicle and it enables the user to drive through toll ...
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