NPCI issued a notification regarding the Inclusion of the UPI QR code in the new design of NETC FASTag

Dec 30, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Payments Corporation of India (NPCI) on December 26, 2023, issued a notification regarding the Inclusion of UPI QR code in the new design of NETC FASTag.

NPCI and IHMCL have been working towards creating a seamless customer experience for NETC FASTag users with the same objective, the UPI QR Code is incorporated in the new design of FASTag, which the users can scan and recharge their linked NETC FASTag using any UPI app member banks and Empaneled Tag Manufacturers are requested to take note of the 'Tag Marks and Specs Document Version 1.2 for all the necessary details and make the relevant changes accordingly.

With the release of this circular, Issuer Banks and Tag Manufacturers shall use the New Design of NETC FASTag for all manufacturing purposes, thereby terminating the use of the old design for any manufacturing needs from 31st January 2024.

Further, any new tag manufactured after this timeline shall adhere to the New Design norms (Refer to Tag Marks and Specs Document Version 1.2).

[Notification No. NPCI/2023-24/NETC/002]


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