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New Launch13 Oct 2025, 12:48 pm

Jio Payments Bank Wins Contract for Next-Gen Tolling Services in Multi-Lane Free Flow Road Projects

AI Summary

Jio Payments Bank Limited (JPBL), a digital-first payments bank and a subsidiary of Jio Financial Services Limited (JFSL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF toll collection system across two toll plazas - Shahjahanpur and Manoharpura - between Gurugram and Jaipur. This is a significant milestone for JPBL, building on its foundation of its FASTag acquisition-based toll processing operations, which commenced in July 2025. JPBL is already managing toll operations at 11 toll plazas on different highway stretches across the country as an acquirer bank. With the acquisition of toll management rights at these two MLFF road projects, JPBL is well-positioned to play a pivotal role in the country's evolving infrastructure-linked digital payments landscape.

Key Highlights

  • Jio Payments Bank wins contract for next-gen tolling services in Multi-Lane Free Flow (MLFF) road projects.
  • Implementing FASTag Automatic Number Plate Recognition (ANPR)-based MLFF toll collection system across two toll plazas.
  • JPBL already managing toll operations at 11 toll plazas across the country.
  • Acquisition of toll management rights at two MLFF road projects.
  • Well-positioned to play a pivotal role in the country's evolving infrastructure-linked digital payments landscape.
JIOFIN
Investment Company
Jio Financial Services Ltd

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