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This article is more than 1 year old.

Paytm Payments Bank partners with Ola, Uber to issue FASTags to 1 lakh drivers

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These tie-ups will empower over 1 lakh driver-partners to use Paytm FASTags and commute across the country, Paytm said in a release today.

Paytm Payments Bank partners with Ola, Uber to issue FASTags to 1 lakh drivers
Paytm Payments Bank on Friday said it has entered into a partnership with ride-hailing companies, Ola and Uber. These tie-ups will empower over 1 lakh driver-partners to use Paytm FASTags and commute across the country, Paytm said in a release today.
The company has set up over 12 camps at Uber Green zones across the major cities including Delhi-NCR, Bangalore, Chennai, Kerala, Hyderabad, Kolkata, Guwahati, Pune, Ahmedabad, Mumbai, and Chandigarh to encourage the drivers to purchase and use Paytm FASTags, it added.
Paytm Bank is also working with Ola at Bangalore airport and other local locations including Indira Nagar, Devanahalli, and Electronic City transport hubs to accelerate the adoption of electronic toll payments in India.
In addition to this, the company has empowered over 1.2 million cab drivers to transact digitally using their preferred mode of payment.
Paytm FASTag doesn't require any separate prepaid account to be created. The money for toll payments gets auto-debited from Paytm Wallet and the balance can also be used for shopping, recharges, bill payments, among other services.
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