FASTag – Now Mandatory for All Vehicles
Yes, FASTag is now a requirement for all vehicles!
But what exactly is FASTag? It’s a prepaid, RFID-based sticker affixed to a vehicle’s windshield, designed to enable seamless toll payments. As a vehicle passes through a toll booth, the toll amount is deducted automatically, eliminating the need for stops or manual transactions.
And for vehicles without FASTag? They face a penalty—paying double the toll amount in cash at the booth.
While it is a highly convenient “payment mechanism” adopted by toll plazas, other parking areas are also beginning to use it for collecting parking fees. Hyderabad International Airport introduced FASTag in its car parking in 2020.
If you're a parking manager or owner searching for a parking management system, this blog is for you. Here, we emphasize that all types of parking lots can and should adopt FASTag as a payment method. With FASTag now mandatory for all vehicles—thanks to the Government of India’s mandate—why should parking systems lag behind?
FASTag - Prepaid RFID Stickers
A FASTag is an RFID-based toll collection system. The RFID-enabled tags are rechargeable stickers affixed on the windshield of the vehicles. As the vehicle passes a toll booth, the prepaid tag is scanned by a reader at the booth, and the toll payment is automatically deducted without the vehicle having to stop. FASTags are operated by the National Highways Authority of India and are operational across 700+ toll booths across the country, with the rest in queue.
Private parking management systems should also use FASTag for collecting parking ticket payments. It's quick, efficient, and transparent.
What Is a Parking Management System?
Managing a parking space—regardless of its size—is a complex task that involves multiple processes, stakeholders, and systems.
A parking management system streamlines this process by leveraging advanced hardware and software technologies. It eliminates manual interventions and automates parking operations end to end, ensuring efficiency and ease of management.
Parking space owners and managers understand the challenges involved in handling parking operations. However, an intelligent and efficient parking management system can significantly reduce time, costs, and operational headaches.
Read: A Smart Parking System for Multi-Tenant Parking
Efficient Parking Management with Automation
A parking management system addresses several key challenges in parking operations.
When a vehicle enters the parking space, a smart system automatically captures all necessary details, eliminating manual entry errors. It seamlessly integrates with visitor management software and connects with access control hardware such as boom barriers, ensuring a smooth and secure parking experience.
- The system automatically generates parking tickets—either as paper slips or digital e-passes—detailing entry time, vehicle number, and other relevant information.
- Available parking slots for both four-wheelers and two-wheelers are displayed in real time on mobile devices, system dashboards, or LED screens, eliminating the need for manual intervention.
- Integrated with CCTVs, sensors, and other surveillance tools, the system simplifies the detection and recording of parking violations.
- Parking penalties can be quickly calculated and enforced, ensuring compliance with parking rules.
- The system facilitates seamless parking payments, allowing users to pay instantly or opt for a monthly billing model.
A parking management system offers multiple modes of payments including FASTag.
The Benefits of Using FASTag for Parking Payments
FASTag has transformed toll payments with its automatic transactions and digital transparency, and the same advantages apply to parking spaces.
Key benefits include:
- Faster Transactions & Transparency – Digital payments ensure seamless and error-free transactions, reducing manual intervention.
- Reduced Congestion – Vehicles move smoothly without long queues at entry and exit points.
- Lower Fuel Consumption & Pollution – Less idling time means reduced fuel wastage, contributing to lower emissions.
- Greater Convenience – Payments are processed automatically, eliminating the need for physical tickets or penalty processing delays.
By implementing FASTag-based payments in private parking spaces, businesses can streamline operations, improve efficiency, and enhance the user experience.
VersionX Parking Management System with FASTag Integration
VersionX provides a comprehensive parking management systems designed to meet the needs of all types of parking spaces. Our in-house developed software and hardware seamlessly integrate with our visitor management system, ensuring a smooth and efficient parking experience. We also manufacture our own parking hardware, including boom barriers, for complete system compatibility.
One of the key features of the VersionX parking management system is FASTag-enabled payments. With FASTag now mandatory for toll payments across the country, it makes sense for parking spaces to adopt the same hassle-free, digital payment method. Vehicles without FASTag currently pay double the toll amount in cash, while all newly registered vehicles come with FASTag pre-installed.
If you're considering a parking management solution for your facility, explore VersionX’s system and features with a trial. Experience the convenience of automation, efficiency, and seamless integration.
