Demonetization has made many startups and companies step forward to help people sustain the cash-crunch state. MobiKwik, leading mobile wallet firm in India, has also joined the drive by announcing that its wallet service will soon be live at 391 toll plazas in India.
The company has received an approval from NHAI to enable commuters across all toll plazas in the country pay cashless through its mobile wallet to avoid traffic congestion due to the cash crunch.
Post demonetization, NHAI has announced free passage at all the toll plazas in India until December 2, 2016. However, the scarcity of physical cash is expected to impact the smooth traffic at tolls after this date, given that masses are still struggling to procure cash. To solve this issue, MobiKwik has been roped in to digitize toll plazas in India.
With Mobikwik, you can pay toll with the following steps:
- Open your MobiKwik app
- Scan the QR code on the toll plaza
- Upon scanning of the code, MobiKwik app will show the name of the toll plaza along with the lane number
- Enter the amount communicated by the toll operator
- Enter the vehicle number
- Press pay
Bipin Preet Singh, Co-founder, MobiKwik said, “We appreciate NHAI’s support in making wallet payments ubiquitous in India. Commuters across the country can soon pay cashless at all toll plazas using their MobiKwik wallet. We have taken this step in the wake of demonetization, to avoid congestion at highways, owing to the ill effects of a cash crunch.”