India’s First ‘FASTag’ Parking at Airport

HYDERABAD: Entering, parking, picking up your loved ones and leaving has become even faster with the introduction of India’s first-ever ‘FASTag Car Park’ at the city’s international airport.

“We are glad to announce its introduction as this new parking system will provide for hassle-free and quick movement in the parking zone. It is also aligned with the (Union) government’s efforts for digitisation and cashless transactions,” said CEO, GMR Hyderabad International Airport Limited (GHIAL), SGK Kishore. “Apart from the regular benefits of FASTag, the system also promotes environmental sustainability through fuel saving, reduction in paper use and pollution,” Kishore added.

The parking system has been created in collaboration with NPCI (National Payments Corporation of India). The facility has been initially started with ICICI FASTag and will be rolled out through other major banks gradually. Non-FASTag vehicles would continue to use the existing parking system, read a statement by the organisation.
“The FASTag solution is based on a simple-to-use, reloadable electronic RFID tag which enables automatic deduction of applicable parking charges, while one drives through the car park without stopping for any cash transaction,” Kishore said. “This system is being introduced at Hyderabad Internatioal Airport for ease of payments and reduces queuing at the entry and exit of the parking lot,” he added.

Source: ToI

Image Courtesy: ET