Question: Paytm Payments Bank Ltd (PPBL) has launched India’s first FASTag-based metro parking facility at Kashmere Gate metro station in partnership with which metro rail corporation?
(a) Delhi Metro Rail Corporation
(b) Mumbai Metro Rail Corporation
(c) Lucknow Metro Rail Corporation
(d) None of these
Answer: (a)
Related Facts:
- Paytm Payments Bank Ltd (PPBL) has launched India’s first FASTag-based metro parking facility, at the Kashmere Gate metro station.
- Paytm Payments Bank will be the acquiring bank to facilitate the processing of all FASTag-based transactions for cars having a valid FASTag sticker.
- The parking facility is the first to accept payment via the UPI (unified payments interface) mode, which has been launched for two-wheeler vehicles, entering the parking site.
- PPBL will digitise parking facilities across the country with Kashmere Gate metro station being the first one to be powered by the bank’s digital payment solution.
BY: AMIT GUPTA