Jio Payments Bank stated that it had secured a contract to implement its next-generation autonomous FASTag recognition-based toll collection system at two toll plazas in Gurugram and Jaipur.

According to a press release, Jio Payments Bank will implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF toll collecting system at two toll plazas: Shahjahanpur and Manoharpura.

The system that will be installed in the two toll plazas is modern electronic toll collection technology that can properly recognise, classify, and charge cars crossing the tolls without requiring them to slow down, halt, or utilise designated toll lanes.

“It leverages a combination of Radio-Frequency Identification, ANPR, Dedicated Short-Range Communication, and Global Navigation Satellite System technologies to ensure smooth, contactless tolling operations across multiple lanes, thereby reducing congestion and improving commuter convenience,” Jio Payments Bank said.

The company was awarded the contract as part of a tender released by Indian Highways Management Company Limited (IHMCL) for managing toll processing under India’s pilot MLFF project, which aims to enable seamless vehicular traffic on national highways. “So far, five MLFF bids have been awarded, of which JPBL has secured two, demonstrating its competitiveness in this space,” the company added.

As an acquirer bank, Jio Payments Bank already manages toll operations at 11 toll plazas located along various highways around the country. “With the acquisition of toll management rights at these two MLFF road projects, JPBL is well-positioned to play a pivotal role in the country’s evolving infrastructure-linked digital payments landscape,” it said.

Speaking about the latest development, Jio Payments Bank Managing Director & CEO Vinod Easwaran said, “Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale. This milestone reflects our commitment to delivering seamless, citizen-centric financial services and driving access, efficiency, and inclusion across the country. By leveraging the synergy of digital capabilities with the group ecosystem, we are actively building capabilities to participate in the evolving mobility ecosystem in India.”

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