MANU/RMIC/0166/2019

Ministry : Reserve Bank of India

Department/Board : Department of Payment and Settlement Systems

Circular No. : DPSS.CO.PD.No.1227/02.31.001/2019-2020
                   RBI/2019-2020/126

Date : 30.12.2019

Notification/ Circulars Referred : Circular DPSS.CO.PD No.629/02.01.014/2019-20 dated September 20, 2019 MANU/RMIC/0129/2019

Citing Reference:
Circular DPSS.CO.PD No.629/02.01.014/2019-20 dated September 20, 2019 MANU/RMIC/0129/2019  Referred

The Chairman / Managing Director / Chief Executive Officer
Members of National Electronic Toll Collection (NETC) System /
Authorised Payment System Participants / Operators

Madam / Dear Sir,

Enhancing facilitation of National Electronic Toll Collection system

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.