DMRC unveils India’s First Cashless Metro Parking with NETC FASTag

NETC-FASTag

National Payments Corporation of India (NPCI) and Delhi Metro Rail Corporation Ltd. (DMRC) have jointly inaugurated India’s first FASTag/UPI-based 100% Smart and Cashless parking at Kashmere Gate Metro Station today.

Today, the cashless parking facility was launched at the Kashmere Gate Metro Station by Dr. Mangu Singh, Managing Director, DMRC in the presence of senior officials of DMRC and National Payments Corporation of India (NPCI). As part of the Multi-Model Integration (MMI) initiative, dedicated Intermediate Public Transport (IPT) lanes for Auto, Taxi, and E-Rickshaws were also inaugurated at the station.

This is the first Metro Station parking installation with such service and NPCI is already in discussion with other metro authorities to replicate the same solution. As most of the commuters would eventually use an NCMC card, the integrated solution would not only provide a convenient solution for the commuters but also provides a safe payment option during the pandemic.

Also Read: DMRC collaborates with Ola Money for cashless card recharge

NPCI is also planning to expnad the contactless car parking facility in Mumbai, Delhi, Bangalore, Chennai, and Trivandrum amongst other cities. It has been in advanced discussion with Maha Metro to enable several stations with the 100% contactless parking solution with NETC FASTag across Nagpur and Pune Metro stations. It has also initiated discussions with major malls, airports, ports, railway stations, metro stations, hospitals, and other private parking lots in the country for the NETC FASTag powered contactless car parking solutions. The company has been receiving interest from major banks in spearheading the parking projects especially after the 100% NETC FASTag Mandate announced by the Indian Government.

DMRC
DMRC Launches India’s First Cashless Parking in Delhi

Dr. Mangu Singh, Managing Director DMRC said “The cashless parking project is a major step as part of the government’s ‘Digital India’ initiative. We have taken this up as a pilot project. After observing the response, we will plan similar systems at more parking facilities at our stations. In fact, we will explore more opportunities to go digital wherever there is a scope. This will not only help us in modernizing the facilities, but will also help the commuters by saving their time and ease the process. Under MMI, we have many other projects, which will be implemented in a graded manner.”

Praveena Rai, COO, NPCI said “We are pleased to partner with DMRC to introduce the country’s first 100% digital parking plaza along with the NETC FASTag contactless car parking solution at their Kashmere Gate Metro Station. The parking plaza would accept NETC FASTag for 4 wheelers & UPI payments for all 2 wheelers. With NETC FASTag, it’s our constant endeavour to provide seamless, cashless, and automated toll and parking payment solutions.”

Ajay Mishra, COO IHMCL said “NETC FASTag has provided the seamless experience to the highway users across the country with non-stop vehicles movement at toll plazas. After successful implementation at National & State Highways, the next logical extension is to extend it to Parking payments and other use cases. We are happy that NETC FASTag program is contributing to Governments Digital India Vision.”

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