India, Jan. 13 -- Paytm Payments Bank announced that it has become the largest FASTag issuer in India. The bank has crossed the milestone of issuing 3 million FASTags, accelerating the adoption of electronic toll payments across toll plazas, said a statement from the company.

Satish Gupta, MD & CEO - Paytm Payments Bank said, "This milestone is a testament to the efforts we are putting in the 'Digital India' vision of the government. We will continue to work towards the adoption of digital toll payments in the country."

Besides this, Paytm Payments Bank also aims to almost double FASTag adoption to 5 million vehicles by March 2020. The bank has issued over 40% of all FASTags in the last one month and is actively expanding its reach.

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