Business Standard reports, India’s Paytm Payments Bank announced yesterday it issued 451,463 FASTag transponders last month, an 11.33 percent increase over November 2021’s total, and it claims to now hold a 28.2 percent share of the FASTag market. The firm attributes its success to the fact that its FASTag accounts are linked to customers’ digital wallets, eliminating the need to create a separate payment mechanism. Paytm FASTags are accepted at over 200 national and state highway toll plazas.
