Vehicles with FASTag cards can now recharge on-the-go with Oxigen Wallet
New Delhi, July 4, 2016: In continuation of the digital wave taking the country like a surge, India’s pioneer non-bank mobile wallet app, Oxigen Wallet, is set to enable its customers with FASTag cards to recharge DND flyway tolls on the move. The latest development comes following in line the recommendation released by Reserve Bank of India, in the favor of digitalizing toll payments across India.
DND is an eight lane expressway, stretching across 9.2 km, connecting Delhi with the strategic industrial suburb, Noida. Allowing customers to recharge their DND flyway tolls digitally will bring comfort to a majority of corporate clan, commuting to and fro the expressway on a daily basis, along with other commuters. This development gains further relevance, since paying via cash for DND flyovers has always been a pain point. Now, customers can recharge their FASTag cards with just a click via Oxigen Mobile Wallet, regardless of whether they have enough cash or spare change and enjoy a near non-stop movement on the expressway.
Further elucidating upon this strategic development, Ankur Saxena, Director & Chief Mentor, Oxigen Wallet said, “At Oxigen, it has been our key endeavor to promote digital payments in every business that heavily depends on cash transactions and hence, strengthen and streamline the economy converting cash to digital. We are enthusiastic about enabling the recent RBI guideline and digitalizing toll payments on DND. A majority of our new and existing users will access services and conveniently recharge their DND expressway cards.”
Following the announcement, customers may walk in to the DND customer service center and select Oxigen Wallet as a preferred mode of payment to recharge or get a new membership of Gold or Silver FasTAG. The DND executive will prompt the customer to generate the OTP on Oxigen wallet app, meanwhile feeding in the customer’s mobile number and amount in the POS machine. In order to approve the transaction, customers will have to share the OTP and if their Oxigen Wallet has enough balance, the transaction would be successful and fulfilled by DND executive.
In its bit to mainstream digital payments, Oxigen Wallet has already taken certain key initiatives, including its partnership with the HPCL, allowing users to pay for fuels via Oxigen mobile Wallet. This move to digitally recharge FASTag cards and electronically pay for DND tolls shall further streamline payments and strengthen India’s transition towards a cashless economy, in line with our Honorable PM Shri Narendra Modi’s vision, making it stand at par with the leading economies across the globe.