FASTag KYC Deadline Could Be Extended Beyond February 29: Report
NDTV
FASTag is an electronic toll collection system in India, operated by the NHAI. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.
FASTags have become an important part of people's lives. They allow commuters going on a road journey to pay the toll digitally and avoid the hassle of taking out cash. But National Highways Authority of India (NHAI) recently launched the 'One Vehicle, One FASTag' initiative, asking users to get the Know Your Customer (KYC) regulations done. If they forget to get it done, their FASTags will be deactivated. The highways authority kept the deadline as February 29, but now, news agency PTI has reported that the last day might be extended.
An NHAI official told PTI that the authority could give users more time "in view of the Paytm crisis".
The compliance deadline could be extended to March-end. However, no official confirmation has come from NHAI.
