Equitas Holdings’ subsidiary - Equitas Small Finance Bank has introduced a self-service facility for customers to avail FastTAG (RFID Sticker) for their vehicles and make online registration and payment. This makes the process of getting the FastTAG Sticker hassle free for the customer. Equitas is the first small finance bank (SFB) and one of the seven banks in the country to issue FASTags and launch its own wallet PURZ, which is integrated to NPCI’s Unified Payments interface (UPI).
Equitas FASTag is a perfect solution for a hassle-free trip on national highways. It enables automatic deduction of toll charges and lets the driver pass through the toll plaza without stopping for the cash transaction. The ‘selfe’ FASTag enables fleet operators for online FASTag usage monitoring etc. As on date, 5000+ FASTags have been issued by the bank and it aims to issue five lakh ETC tags by March 2018.
Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.
