The tie-up marks Paytm’s foray into the traffic challan payment segment in the Delhi-NCR region, with other cities including Chennai, Kolkata, Vijayawada etc already using the servicesNew Delhi: In an attempt to do away with cash transactions while ensuring transparency, Noida Traffic Police has signed an agreement with the country’s largest digital payments company, Paytm, to allow traffic violators in Delhi NCR to pay e-challans. Paytm said in a statement that those who violate traffic in Noida will be “able to make e-challan payments on their behalf using the Paytm web and mobile app.”
Relief for both traffic dept and Paytm users
The step will save time and will be more convenient to people who earlier had to travel to the designated traffic department centres to pay challan, said the company, calling it a big relief to both Paytm customers and the respective authorities. Paytm added that the resources of the traffic department could be freed up by this move since they earlier had to spend on challan collection activities.
The tie-up marks Paytm’s foray into the traffic challan payment segment in the Delhi-NCR region, with other cities including Chennai, Kolkata, Vijayawada, West Godavari and Nashik already using the mobile application’s services.
The e-challans will also help in the streamlining of the processes of the traffic department, Paytm added.
The e-challan collection process was launched by Paytm back in 2017. “Our digital traffic challan payment feature has received a positive reception from our customers,” said Kiran Vasireddy, COO Paytm. He also said that the company has till date processed over 2 million transactions for all listed traffic bodies.
UP becomes 6th state to tie up with app
At present, states like Andhra Pradesh, Maharashtra, Tamil Nadu, Telangana and West Bengal have use Paytm in e-challan payment. With Noida Traffic police’s initiative, Uttar Pradesh will be the sixth state in the tie-up.
PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.