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Brookfield Mall associates with NPCI to go contactless with NETC FASTag

By Leandra Monteiro

March 01, 2021

  • Brookfield
  • India
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NETC FASTag, NPCI, National Payments Corporation of India, National Electronic Toll Collection

National Payments Corporation of India (NPCI) in association with ICICI Bank and ValetEZ have jointly transformed Brookfield Mall into a contactless mall in Bangalore making parking seamless.

As per the partnership, ICICI Bank is the acquiring bank for this project. As a result of this, the Bank will debit parking charges from the FASTag account of the visitors and then credit them to the partner’s bank account.

This move comes after the successful implementation of NETC program for toll payments, NPCI is now geared-up to expand the contactless car parking solution across the country.

Mr. Neeraj Duggal, Brookfield Mall, said “At Brookfield Mall, we have always taken pride in bringing new innovations in our operations and visitor experience. Working with ValetEZ to have NETC FASTag enabled Contactless Parking is in keeping with this ethos and ensures a safe and better parking experience for our Brookfield community.”

Mr Denny Thomas, Head NETC & AEPS, NPCI said, “We are pleased to partner with ICICI Bank to introduce contactless car parking solution at the Brookfield Mall with NETC FASTag. We believe this solution will offer an added layer of convenience and safety for the customers in terms of their car parking payments which would allow them to save time to park and spend more time with their loved ones at the mall. With NETC FASTag, it’s our constant endeavour to provide seamless, cashless and automated toll and parking payment solutions.”

Mr. Sudipta Roy, Head – Unsecured Assets, ICICI Bank, said, “ICICI Bank has been at the forefront of leveraging technology to introduce hassle-free digital financial solutions to customers. We are delighted to partner with NPCI to enable commuters to pay parking charges using FASTag at Brookfield Mall in a hassle-free and contactless manner. FASTag has revolutionised the toll-collection industry by making it digital, quick and seamless. We believe that using this technology to collect parking charges will also increase the penetration of electronic payments thereby reducing cash transactions.”

Akhilesh Srivastava, COO IHMCL, said, “The FASTag has provided seamless experience to the highway users at the toll plazas across the country. With seamless parking service of FASTag being extended to users it will make their daily commute comfortable. NETC FASTag for parking will be a game changer and will make lives easier for everyone in the country. My best wishes to the ambitious program.”

The contactless car parking facility allows passengers and visitors to pay for parking without the need to roll down their windows. The NETC FASTag provides customers with a 100% contactless solution through the application installed at the parking plaza.

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