FASTag with UPI AutoPay for the first time in India, now truck-transport business will get wings

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In India, OmniCard has launched UPI AutoPay based FASTag, due to which transport companies will not face cash problems and trip tracking and expense management will become easier. Know its other features…

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FASTag with UPI AutoPay for the first time in India, what will be the benefits? Know

New Delhi. India has now become the country with the largest road network in the world. By December 2024, the total length of roads in the country will exceed 66 lakh 20 thousand kilometers. Of these, about 1.46 lakh kilometers are national highways. Every year lakhs of trucks and commercial vehicles run on these roads. In the financial year 2024-25 alone, about 9.57 lakh commercial vehicles were sold in the country. 70% of the country’s freight and 85% of passenger travel burden is on these roads.

Such a large road network and millions of vehicles, means that the country’s business depends heavily on road transport. But even now transport and logistics companies have to face a big problem. Of small expenses incurred on the way. Drivers have to rely on cash every time they recharge FASTag for toll or parking. Many times, lack of cash en route causes delays and the business suffers losses.

To overcome these problems, OmniCard has come up with India’s first UPI AutoPay based FASTag. Especially for business and transport companies.

What is special in this FASTag?

Now drivers do not have to worry about recharging FASTag, it will automatically be recharged through UPI AutoPay. The company or owner can set a limit in advance as to how much auto-recharge should be done. You will get instant notification on payment of toll and parking. Every transaction can be tagged with vehicle, driver and trip to keep the accounts clean. Reports will be automatically generated for audit and compliance. There is also a smart control facility to keep track of expenses and prevent misuse.

OmniCard COO and Co-Founder Abhishek Saxena told News18 India that lakhs of truck drivers in the country face delays and losses every day, now this FASTag system will make both their life and business easier.

This FASTag has been designed in such a way that there is very little human interference in it. Every expenditure has been made transparent and automatic through UPI AutoPay and digital control.

This FASTag has been linked to the iFleet Pay platform, through which companies will get all the facilities like trip tracking, geo-fencing, driver control and expense management at one place. Now those driving trucks or business vehicles will not have to worry about FASTag recharge or cash every time. Everything will be done automatically through UPI AutoPay system.

Malkhan Singh

Malkhan Singh has been in the world of news and content for the last 17 years. In the journey from print media to digital media, names of many renowned institutions have been added to the profile. Working with News18Hindi for almost 4 years…read more

Malkhan Singh has been in the world of news and content for the last 17 years. In the journey from print media to digital media, names of many renowned institutions have been added to the profile. Working with News18Hindi for almost 4 years… read more

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FASTag with UPI AutoPay for the first time in India, what will be the benefits? Know

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