Forays into next-gen tolling services - Jio Financial Services Ltd

Code BSE: 543940 NSE:

Jio Payments Bank forays into next-gen tolling services for Multi-Lane Free Flow (MLFF) road projects. Jio Financial Services Ltd 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 Securing the contract to collect and process toll for an MLFF project is a significant milestone for JPBL, building on the 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.