Paytm Payments Bank partners Ola, Uber to issue FASTags to 1 lakh drivers

To encourage the drivers to conveniently purchase and use Paytm FASTags, PPB has set up over 12 camps at Uber green zones across major cities, including Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata and others, a statement said.

New Delhi: Paytm Payments Bank (PPB) on Thursday said it has entered into a strategic partnership with ride-hailing companies Ola and Uber to empower over 1 lakh driver-partners to use Paytm FASTags and seamlessly commute across the country.

To encourage the drivers to conveniently purchase and use Paytm FASTags, PPB has set up over 12 camps at Uber green zones across major cities, including Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata and others, a statement said.

PPB is also working with Ola at Bengaluru airport and other local locations including Indira Nagar, Devanahalli, and Electronic City transport hubs to accelerate the adoption of electronic toll payments in India, it added.

"In addition to this, the company has already empowered over 1.2 million cab drivers to transact digitally using their preferred mode of payment," it said.

(PTI Report)