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Google Pay and ICICI Bank join hands to offer FASTag through app, here is how it works

ICICI bank has collaborated with Google for issuance of FASTag through Google Pay. FASTag has been made mandatory for four-wheelers from January 1, 2021.

twitter-logoYasmin Ahmed | December 28, 2020 | Updated 14:32 IST
(Picture: Google)

Highlights

  • ICICI Bank has become the first bank to join hands with Google Pay for issuance of FASTag.
  • Google Pay users can buy FASTag from the platform from ICICI Bank FASTag under Businesses.
  • ICICI Bank customers can also avail FASTag using the Bank’s digital channels of banking including internet banking, iMobile app, InstaBIZ app and Pockets app.

ICICI bank has announced its collaboration with Google for issuance of FASTag through Google Pay. This will enable Google Pay users to order, track and recharge ICICI Bank FASTag conveniently and completely digitally on the payments platform itself. The initiative is aimed at ensuring the safety of the applicants amidst the COVID-19 pandemic as they don't have to visit merchants or toll locations to buy a FASTag. ICICI Bank has become the first bank to join hands with Google Pay for the issuance of FASTag. FASTag has been made mandatory for four-wheelers from January 1, 2021.

Here is how you can buy FASTag from Google Pay:

-- Open Google Pay and click on ICICI Bank FASTag under Businesses

-- Users can click on Explore if they don't immediately see ICICI Bank FASTag under Businesses

-- Click on Buy new FASTag

-- Enter your PAN, RC copy, vehicle number and address details

-- Verify mobile number through OTP

-- Proceed for payment. Order gets placed once the payment is done.

ICICI Bank customers can also avail FASTag using the Bank's digital channels of banking including internet banking, iMobile app, InstaBIZ app, Pockets app or by visiting their nearest bank branch. According to the bank, the tag can be reloaded with funds online using the Bank's internet banking, UPI and NEFT platforms. Commuters who are not the customers of ICICI Bank can purchase FASTag using the Pockets app or by visiting www.icicibank.com/fastag.


"With the increased adoption of digital payments in all walks of life, we believe that this collaboration with Google will help Google Pay users to apply for a new FASTag and get it delivered free of cost at their doorstep. The association gains prominence during the widespread pandemic as this allows any Google Pay user to order and receive FASTag in a seamless and contact-less manner. With this, ICICI Bank has achieved another feat in the FASTag ecosystem. We believe that this initiative will go a long way in increasing the adoption of FASTag for toll payments," Sudipta Roy, Head of Unsecured Assets ICICI Bank said.

Sajith Sivanandan, Business Head, Google Pay said, "NETC FASTag is an important milestone in bringing the efficiencies of digital payments into transit and making interstate travel frictionless. We are very pleased to be joining hands with ICICI Bank to extend the facility of NETC FASTag purchase to millions of users across India through Google Pay. This is a great example of an entire ecosystem working in concert to bring ease and convenience to the lives of users in a very tangible way."

Praveena Rai, COO, NPCI said, "We are pleased to associate with Google Pay and ICICI Bank to increase the adoption of NETC FASTag and facilitate its doorstep delivery to the customers. We believe this initiative will provide vast reach and enable vehicle owners to avail it at the comfort of their homes eliminating the need for visiting a kiosk or the bank amid a pandemic. With this collaboration, consumers will have the added benefit of being able to recharge their FASTag seamlessly and conveniently via UPI on Google Pay. With robust acceptance infrastructure and interoperability we are witnessing a transformation of urban mobility systems as commuters are widely accepting NETC FASTag to undertake seamless, contactless and stress-free toll transactions and enjoy a smooth ride."

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