Allahabad HC Reduces Cop's Sentence in 1984 Attempt-to-Murder Case, Awards Rs. 35,000 to Victim  ||  Delhi High Court: Copyright Owners and ISPs Cannot Unilaterally Declare a Website 'Rogue'  ||  Rajasthan HC: Teacher's Reprimand for Poor Attendance and Performance is Not Abetment of Suicide  ||  Karnataka High Court: Police Assistance to Enforce Injunction Not Barred by Res Judicata  ||  SC Upholds Validity of Section 16(2)(c) of CGST Act, Says ITC Depends on Supplier's Tax Payment  ||  Supreme Court: Registration Certificate Alone Can't Secure Interim Release of Seized Vehicles  ||  Supreme Court: IBC Moratorium Doesn't Shield Promoters, Directors From Consumer Complaints  ||  Supreme Court: Accused Person's Advocate Cannot Remain Present During Entire Police Interrogation  ||  Uttarakhand HC: Severity of POCSO Charges Alone Cannot Deny Juvenile Bail  ||  Madras HC Grants Anticipatory Bail to Man Accused of Watching CM Vijay's Unreleased Film Online    

Enhancing facilitation of National Electronic Toll Collection system- (Reserve Bank of India) (30 Dec 2019)

MANU/RMIC/0166/2019

Banking

1. India is progressing ahead with NETC gaining large scale acceptance. Currently, the NETC system allows linking of FASTags with bank accounts - savings, current and prepaid.

2. In order to further broad base this system by allowing more payment choices for the customers, as well as for fostering competition among the system participants, all authorised payment systems and instruments [non-bank PPIs, cards and Unified Payments Interface (UPI)] shall from now be permitted for linking with the FASTags, which can be used for various types of payments (vehicle toll, parking fee, etc.).

3. The Turn Around Time (TAT) for resolving failed transactions advised vide circular DPSS.CO.PD No.629/02.01.014/2019-20 dated September 20, 2019 shall also be applicable to the transactions carried out in the NETC system.

4. The transactions in the NETC system can be performed without any Additional Factor of Authentication (AFA) and / or pre-transaction notification / alert.

5. NPCI shall facilitate requests received from banks / non-banks in this regard.

6. This directive is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007)

Tags : FACILITATION   ELECTRONIC TOLL   ENHANCEMENT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved