- They have partnered to develop the country’s first FASTag based metro parking facility.
- Under this partnership, PPBL will enable the processing of all FASTag based transactions for cars having a valid FASTag sticker at the Kashmere Gate metro station.
- The PPBL has also enabled a UPI-based payment solution for 2-wheelers who enter the parking site.
- Due to this partnership, the car owners are no longer required to tender cash.
- Also, the parking fee will be directly deducted from the wallet or account linked with the FASTag of the respective vehicles.
- The parking fees can also be paid in a digital manner via UPI payment.
- At present, the facility is made available at the metro station's gate number 6 and it offers parking space for 174 two-wheelers & 55 four-wheelers.
- This partnership is one step forward to digitize the DMRC.
- Static Part:
- HQ of PPBL: Noida, UP
Question:
b. Fino Payments Bank Limited
c. Airtel Payments Bank Limited
