DMRC launched India’s first UPI-based cashless parking

The Delhi Metro Rail Corporation (DMRC) launched India’s first FASTag or Unified Payments Interface (UPI)-based parking facility to reduce the time for entry and payment.

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The facility was launched at Kashmere Gate metro station. The parking facility was launched by Dr Mangu Singh, Managing Director of DMRC.

As part of the Multi-Model Integration (MMI) initiative, dedicated Intermediate Public Transport (IPT) lanes for autos, taxis and r-Rickshaws were also inaugurated at the station.

The facility can accommodate 55 four-wheelers and 174 two-wheelers. The entry and exit and payment of 4-wheelers can be done through the FASTag.

The parking fee will be deducted through FASTag, which will reduce the time for entry and payment. Only the vehicles with FASTag will be allowed to park in this facility.