{"id":310287,"date":"2020-01-14T11:15:30","date_gmt":"2020-01-14T05:45:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310287"},"modified":"2020-01-14T11:52:01","modified_gmt":"2020-01-14T06:22:01","slug":"paytm-issued-3-million-fastags-seeks-to-add-2-million-by-march","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/paytm-issued-3-million-fastags-seeks-to-add-2-million-by-march\/","title":{"rendered":"Paytm issued 3 million FASTags; seeks to add 2 million by March"},"content":{"rendered":"<p>MUMBAI: Paytm has emerged as India\u2019s biggest issuer of FASTags, with its payment bank unit deploying more than 3 million of these devices to date, and seeking to add another 2 million before FY20 draws to a close.<\/p>\n<p>The expansion would also involve tie-ups with leading car makers Maruti Suzuki, Hyundai, Honda, Kia, and MG Motor, offering pre-fitted Paytm FASTags at the time of vehicle purchase. In December itself, since the use of FASTag was made mandatory by the government, the company has deployed 40% of all FASTags issued, it said.<\/p>\n<p>\u201cThe bank is further boosting the sale of FASTags by deploying 10,000 business correspondents in all major cities and towns across the country,\u201d Paytm said in a statement. The market shares of rival service providers and their device deployment statistics could not be immediately ascertained.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Paytm has emerged as India\u2019s biggest issuer of FASTags, with its payment bank unit deploying more than 3 million of these devices to date, and seeking to add another 2 million before FY20 draws to a close. The expansion would also involve tie-ups with leading car makers Maruti Suzuki, Hyundai, Honda, Kia, and MG Motor, offering pre-fitted Paytm FASTags at the time of vehicle purchase. In December itself, since the use of FASTag was made mandatory by the government, the company has deployed 40% of all FASTags issued, it said. \u201cThe bank is further boosting the sale of FASTags [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-310287","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=310287"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310287\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}