Achi news desk-
New Delhi10 days ago
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According to RBI guidelines, you will not be able to deposit money in Paytm wallet from 16 March ie tomorrow. In such a situation, if you have Paytm’s FASTag, then you will have to change it. If you don’t do this, you may have to pay double the toll. According to the rules, if payment is not made through Fastag, double duty must be paid.
However, whatever money you add to Paytm wallet before March 15, you will be able to spend after March 15 as well. Paytm has the highest number of FASTag users in India.
Know the process to deactivate Paytm Fastag and get a new Fastag…
You can get a new Fastag from banks or PhonePe
National Highways Authority of India ie NHAI has advised Paytm FASTag users to purchase a new FASTag from any other authorized bank before March 15. NHAI has also released the revised list of Fastag issuing banks.
Now 39 banks and non-banking financial companies (NBFCs) are included in this list. The name of Paytm Payments Bank (PPBL) is not included in this list. You can also order Fastag from these banks or through the PhonePe app.
- Open PhonePe and tap on Buy Fastag here.
- Enter your PAN, vehicle registration number and mobile number and tap Continue.
- On the next page, enter the vehicle registration number and model number and tap Continue.
- Enter your delivery address and tap Continue.
- After this you will have to make a payment.
Update Fastag KYC documents
- Vehicle Registration Certificate
- proof of id
- Proof of address
- Passport, Voter ID Card, Aadhar Card, Driving License or PAN Card for identity and address proof
Read the news here too…
Paytm QR codes will continue to work as usual: Company said – Payment devices like sound card machine will also work, no need to search for options.
Paytm, a fintech company specializing in digital payments, said on February 13 last month that its QR codes will continue to work as usual. Because of which merchants will be allowed to accept payments even after 29 February 2024. The company also said that payment devices like Paytm Soundbox and card machines will also continue to function normally. Traders need not look for alternatives. Read the full news…
