A digital wave is taking India by storm and powering it are mobile wallets. One of India’s pioneer non-bank mobile wallet app, Oxigen Wallet, is set to enable its customers to recharge DND flyway FASTag cards on the move.
FASTag cards can be recharged ia Oxigen Mobile Wallet, regardless of whether a consumer has enough cash or change for the toll, providing a near non-stop passage on the expressway.
The latest development comes following a recommendation released by Reserve Bank of India in the favor of digitalizing toll payments across India.
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 Narendra Modi’s vision, making it stand at par with the leading economies across the globe.
DND is an eight lane expressway, stretching across 9.2 km, connecting Delhi with the strategic industrial suburb of Noida. Allowing customers to pay tolls digitally will bring comfort to scores of office goers who commute to and fro daily.
Director & Chief Mentor, Oxigen Wallet Ankur Saxena, 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 bid to mainstream digital payments, Oxigen Wallet has already taken key initiatives, including its partnership with the HPCL, allowing users to pay for fuel.
Oxigen Wallet boasts of 20 million users, and is accepted at over 9,000 merchant locations and 10,000 online sites like bookmyshow, ebay, PVR, OYO Rooms, Jabong and more.