Paytm Bank partners with Ola, Uber for FASTags to 1 lakh drivers

By: |
Published: February 21, 2020 5:42:10 PM

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags.

ola, uberThe tie-ups would empower over one lakh driver-partners to conveniently use Paytm FASTags and seamlessly commute across the country, the PPB said in a press statement.

Paytm Payments Bank (PPB) on Friday announced it has entered into a strategic partnership with ride-hailing companies Ola and Uber.

The tie-ups would empower over one lakh driver-partners to conveniently use Paytm FASTags and seamlessly commute across the country, the PPB said in a press statement.

PPB has set up 12 camps at Uber Green zones across different cities for drivers to purchase and use FASTags.

It is also working with Ola at Bengaluru airport and other local locations including Indira Nagar, Devanahalli, and Electronic City transport hubs to accelerate the adoption of electronic toll payments in India, the statement said.

Paytm FASTag doesn’t require any separate prepaid account to be created, PPB said.

The money for toll payments gets auto-debited from Paytm Wallet and the balance can also be used for shopping, recharges, bill payments, among other services. PTI RS

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Coal supply by CIL to power sector declines 7% to 378 million tonnes
2Asia-Pacific airlines could lose $27.8 billion to coronavirus: IATA
3You can send auto reply on WhatsApp, Telegram; Here’s how