Breaking News
Jio Payments Bank, the digital-first subsidiary of Jio Financial Services Limited (JFSL), has secured a significant contract to implement India’s next-generation Automatic Number Plate Recognition (ANPR)-based Multi-Lane Free Flow (MLFF) tolling system across two key toll plazas — Shahjahanpur and Manoharpura — on the busy Gurugram–Jaipur corridor.
The project marks a major step in India’s shift toward seamless, contactless highway tolling, under the pilot MLFF initiative of the Indian Highways Management Company Limited (IHMCL). The initiative is designed to enable vehicles to pass through toll points without stopping, using a combination of advanced electronic technologies for identification and payment.
Under the new system, toll plazas will employ a hybrid network of Radio-Frequency Identification (RFID), Automatic Number Plate Recognition, Dedicated Short-Range Communication (DSRC), and Global Navigation Satellite System (GNSS) technologies. These tools work together to automatically detect, classify, and charge vehicles in motion, eliminating the need for physical barriers or manual processing. The result is faster traffic flow, reduced congestion, and improved commuter convenience along one of northern India’s busiest highway routes.
The Shahjahanpur and Manoharpura toll plazas are part of a broader pilot initiative in which five MLFF contracts have been awarded nationwide. JPBL’s success in securing two of them highlights its growing competitiveness in the digital payments and toll management space. The contract builds on JPBL’s existing experience in FASTag-based toll processing, which began in July 2025. The bank currently manages toll operations at 11 plazas across the country as an acquirer bank.
Industry observers view this win as a strategic milestone for Jio Payments Bank, positioning it at the forefront of India’s emerging infrastructure-linked digital payments ecosystem. By participating in MLFF toll management, JPBL is moving beyond its core banking and payments services to integrate into the country’s rapidly modernizing mobility infrastructure.
The company is also expected to leverage the digital capabilities of Jio Platforms, its technology sister company, to enhance data processing, analytics, and real-time transaction efficiency across toll operations. As India accelerates the creation of both physical and digital infrastructure, this collaboration between the financial and technology arms of the Jio ecosystem could set new standards in mobility payments and highway automation.
Commenting on the development, Vinod Easwaran, Managing Director and CEO of Jio Payments Bank, said the contract represents “a natural progression” of the company’s mission to digitize everyday payments and build scalable financial infrastructure. “This milestone reflects our commitment to delivering seamless, citizen-centric financial services and driving access, efficiency, and inclusion across the country,” Easwaran said. “By leveraging the synergy of digital capabilities within the group ecosystem, we are actively building capabilities to participate in the evolving mobility ecosystem in India.”
With the government’s MLFF pilot expected to expand nationwide in the coming years, Jio Payments Bank’s early success in the program strengthens its position as a key player in the convergence of fintech, transportation, and infrastructure innovation — a space that could define the next phase of India’s digital economy.
The project marks a major step in India’s shift toward seamless, contactless highway tolling, under the pilot MLFF initiative of the Indian Highways Management Company Limited (IHMCL). The initiative is designed to enable vehicles to pass through toll points without stopping, using a combination of advanced electronic technologies for identification and payment.
Under the new system, toll plazas will employ a hybrid network of Radio-Frequency Identification (RFID), Automatic Number Plate Recognition, Dedicated Short-Range Communication (DSRC), and Global Navigation Satellite System (GNSS) technologies. These tools work together to automatically detect, classify, and charge vehicles in motion, eliminating the need for physical barriers or manual processing. The result is faster traffic flow, reduced congestion, and improved commuter convenience along one of northern India’s busiest highway routes.
The Shahjahanpur and Manoharpura toll plazas are part of a broader pilot initiative in which five MLFF contracts have been awarded nationwide. JPBL’s success in securing two of them highlights its growing competitiveness in the digital payments and toll management space. The contract builds on JPBL’s existing experience in FASTag-based toll processing, which began in July 2025. The bank currently manages toll operations at 11 plazas across the country as an acquirer bank.
Industry observers view this win as a strategic milestone for Jio Payments Bank, positioning it at the forefront of India’s emerging infrastructure-linked digital payments ecosystem. By participating in MLFF toll management, JPBL is moving beyond its core banking and payments services to integrate into the country’s rapidly modernizing mobility infrastructure.
The company is also expected to leverage the digital capabilities of Jio Platforms, its technology sister company, to enhance data processing, analytics, and real-time transaction efficiency across toll operations. As India accelerates the creation of both physical and digital infrastructure, this collaboration between the financial and technology arms of the Jio ecosystem could set new standards in mobility payments and highway automation.
Commenting on the development, Vinod Easwaran, Managing Director and CEO of Jio Payments Bank, said the contract represents “a natural progression” of the company’s mission to digitize everyday payments and build scalable financial infrastructure. “This milestone reflects our commitment to delivering seamless, citizen-centric financial services and driving access, efficiency, and inclusion across the country,” Easwaran said. “By leveraging the synergy of digital capabilities within the group ecosystem, we are actively building capabilities to participate in the evolving mobility ecosystem in India.”
With the government’s MLFF pilot expected to expand nationwide in the coming years, Jio Payments Bank’s early success in the program strengthens its position as a key player in the convergence of fintech, transportation, and infrastructure innovation — a space that could define the next phase of India’s digital economy.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
