What do you need to know about commercial vehicle toll fee payments?
Commercial vehicle toll fee payments are a critical aspect of the transportation industry since toll roads are frequently used by commercial vehicles to transport goods across the country. Initially, toll fee payments were made through manual transactions where toll collectors would receive cash payments from drivers passing through the toll booth. However, this process was inefficient, time-consuming, and prone to errors particularly during peak hours with heavy traffic. In order to counter these challenges, understanding the need for electronic toll collection systems like FASTag are crucial. FASTags for commercial vehicles help with speed, convenience and cost-savings.
How does FASTag help with the payment of commercial vehicle toll charges?
FASTag is an electronic system that automates toll payment at toll plazas throughout India. It was created by the National Highway Authority of India (NHAI) to simplify and streamline the toll payment process. Although it was first implemented for personal vehicles, commercial vehicle toll fee payments with FASTag have been made mandatory since January 1, 2021. Logistics owners, fleet managers and truck drivers have options for FASTag online purchase along with the benefit of online FASTag recharge.
There are multiple benefits of FASTag for commercial vehicles. Besides saving time and effort, it eliminates the need for carrying cash and minimizes the possibility of theft or misuse of money allocated for toll payments in terms of personal use or bribery. Additionally, it maintains precise records of toll transactions in real-time through SMS or Email alerts for future reference.
Why should you use AxleTags for commercial vehicle toll payments?
AxleTags are FASTags for commercial vehicles. It offers a cashless commercial vehicle toll fee payment solution with FASTag online purchase and online FASTag recharge options. Customers can easily add funds to their account, track toll expenses, receive low balance notifications, and request debit adjustments for wrongly deducted amounts. Also, when it comes to toll payments, it is a necessary expense for commercial vehicles to get around on the roads and highways, however, AxleTags offer a cashback for every toll payment to save on toll expenses.
Understanding the 4 key benefits of using AxleTags for commercial trucks
There are a number of reasons to use AxleTags for toll payments. AxleTags help to pay for tolls with a simple process, expense tracking features, instant online FASTag recharge, low balance notification and debit adjustments for wrong toll deductions.
- Instant Online Recharge: If you are seeking a convenient method to recharge your FASTag account, opting for instant online recharge would be the ideal choice. With AxleTags, customers can easily and securely add funds to their FASTag account.
- Expense Tracking Dashboard: AxleTags are a great way to track toll expenses and make sure no unauthorized payments are made. With AxleTags, you can easily keep an eye on your toll costs, making it easy to identify any discrepancies or additional charges that may have been charged without your knowledge.
- Low Balance Notification: AxleTags has a feature that sends notifications to users when their tag is nearing the threshold limit or the minimum balance required. These notifications serve as a reminder for users to recharge their account and avoid getting blacklisted.
- Toll Debit Adjustment: In case of wrong toll deductions, the debit adjustment feature offered by AxleTags comes in handy. Users can request a debit adjustment for the wrongly deducted amount, and the funds will be credited back to their account.
Let’s Wrap Up!
Commercial vehicle toll fee payments play a crucial role in the transportation industry. The adoption of electronic toll collection systems like FASTag has greatly simplified the process, especially for commercial vehicles. AxleTags are the best FASTags for commercial vehicles with FASTag online purchase and online FASTag recharge options. It offers multiple benefits, including instant online recharge, expense tracking, low balance notification and toll debit adjustment. By utilizing AxleTags, logistics owners, fleet managers, and truck drivers can enjoy a cashless toll payment experience, while also saving time, effort, and money.
Axlerate is a unified fintech platform for logistics management and payments. Our solutions help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services.