Key Points:
a) UPI One
b) OneTag
c) Bharat Connect
d) Rajmarg Pay
Answer: b) Union Minister Nitin Gadkari launched OneTag on 11 September 2026 at the Global Fintech Fest in Mumbai.
- OneTag provides FASTag portability: Users dissatisfied with their existing issuer bank can move to another participating bank.
- Same physical tag continues: The FASTag sticker already fixed on the vehicle’s windscreen does not need to be removed or replaced.
- Similar to mobile-number portability: Just as users can change telecom operators while retaining their mobile number, they can change FASTag issuers while retaining the existing tag.
- Earlier system: Users had to close their old FASTag account, complete fresh onboarding and KYC, purchase a new tag and replace the sticker.
- Porting facility: Users can initiate the bank-switching process through the Rajmargyatra mobile application.
- Developed by: The system was jointly developed by the Indian Highways Management Company Limited and the National Payments Corporation of India.
- Payment network: OneTag operates under the National Electronic Toll Collection or NETC FASTag system.
- Single active FASTag: The facility follows the One Vehicle, One FASTag rule. Only one FASTag should remain active for a particular vehicle.
- Benefits: It reduces inconvenience and replacement costs while increasing customer choice and competition among FASTag-issuing banks.
- Importance: FASTag processes more than 98% of India’s toll payments, with over 13 crore tags issued.
- Future objective: OneTag supports the government’s plan to introduce a barrier-free digital tolling system by March 2027.
Questions:
Q1.Which facility allows NETC FASTag users to switch their issuing bank without replacing the existing physical tag?a) UPI One
b) OneTag
c) Bharat Connect
d) Rajmarg Pay
Answer: b) Union Minister Nitin Gadkari launched OneTag on 11 September 2026 at the Global Fintech Fest in Mumbai.
