No wider adoption: Why Fastag’s growth beyond toll payments is limited - explained

Jul 21, 2025 - 14:00
No wider adoption: Why Fastag’s growth beyond toll payments is limited - explained

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Fastag's growth in India has stagnated, primarily due to its limited use beyond toll payments. Transaction volumes and the number of participating banks have remained static since early 2024. High installation costs and lack of profitability in areas like fuel payments hinder wider adoption.

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