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DMRC launches India’s 1st FASTag/UPI-based cashless parking

DMRC launches India's 1st FASTag/UPI-based cashless parking

TIL Desk/Business/New Delhi/ The Delhi Metro Rail Corporation (DMRC) on Tuesday introduced India’s first FASTag or Unified Payments Interface (UPI)-based parking facility to reduce the time for entry and payment. This has been done to come up with similar facilities at more of Delhi Metro’s parking spaces across the city and the National Capital Region (NCR).

This exclusively cashless parking facility located at gate number-6 of the Kashmere Gate station can accommodate 55 four-wheelers and 174 two-wheelers. The entry or exit and payment of four-wheelers can be done through the FASTag — an electronic toll collection system operated by the National Highways Authority of India (NHAI).

“The parking fee will be deducted through FASTag, which would reduce the time for entry and payment. Only the vehicles with FASTag would be allowed to park in this facility. “The entry for two-wheelers can be done only by swiping the DMRC smart card,” said the DMRC in a statement.

The smart card swipe is used only for registering the time of entry or exit and fare calculation as no money will be deducted from the card. “The parking fee can be paid by UPI apps through scanning the QR Code. In future, the payment can also be made through DMRC/NCMC cards.”

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