Paytm Payments Bank launches India’s first FASTag-based metro parking facility in Delhi

Paytm Payments Bank on Monday said it has launched the country’s first FASTag-based Metro parking facility, in partnership with the Delhi Metro Rail Corporation (DMRC).

Paytm Payments Bank will be the acquiring bank to facilitate the processing of all FASTag-based transactions for cars having a valid FASTag sticker.The parking facility is also the first to accept payment via the UPI (unified payments interface) mode, which has been launched for two-wheeler vehicles, entering the parking site.