published on www.vinci-concessions.com
TollPlus increases its footprint in road digital services by signing a contract with Kotak Mahindra Bank, one of the fastest growing private sector bank in India. Kotak Mahindra Bank is one the leaders and most proactive financial institution in digital banking transformation initiatives in India.
Through this agreement, TollPlus will provide Electronic Toll Collection (ETC) end-to-end acquiring management system and managed services to Kotak Mahindra Bank following successful integration of 16 national highways’ toll facilities, and plans to scale up to over 100 facilities by 2021. This partnership also positions Kotak Mahindra Bank to extend its digitised payment solutions for parking, fuel, access integration with the Port of Mumbai or electric vehicle charging.
TollPlus is a global leader in the development, implementation and maintenance of digital solutions for ETC operations and customer management. The services provided by TollPlus in India facilitate the growth of FastTag and digital payments at toll plazas and decongestion of national highways, thereby contributing to the decrease of gas emissions by idle time of vehicles.
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