Thu, Jun 29, 2017 | updated 09:41 AM IST

Now, pay your traffic challan using FreeCharge

Updated: Nov 30, 2016 15:42 IST      
Now, pay your traffic challan using FreeCharge

New Delhi [India], Nov 30 (ANI): India's fastest growing digital payments platform FreeCharge on Wednesday announced its partnership with Mumbai Traffic Police for collection of traffic fines in a cashless manner.

Close to 500 e-challan devices have been rolled out to various traffic chowkies across the city at present. Once an offender is caught violating any rule, an e-challan will be generated against the vehicle registration number.

The challan would also be sent to person's mobile phone immediately. The user can log on to www.mumbaipolice.net, enter their challan or vehicle number and pay using FreeCharge on the payments page.

In a statement shared earlier, Mumbai traffic police said that it expects an annual increase of eight lakh challans, from the existing 22 lakhs. Such an effort will also help them in identifying and taking action against repeat offenders.

"We are pleased to partner with Mumbai Traffic Police in their pursuit of making the process of collecting fines cashless. Digital payments make the process faster and more efficient. Such partnerships are in line with our objective to make FreeCharge an everyday, everywhere option for our users," said CEO FreeCharge, Govind Rajan.

FreeCharge is also in discussion with police authorities in other cities to enable traffic challans to be paid via FreeCharge. As per publicly available information, the amount of traffic challans in metros is sizeable Delhi pays about Rs. 140 crore annually, Mumbai about Rs. 100 crore, while Bengaluru collects Rs. 70 crore. Even smaller cities like Ahmedabad collect nearly Rs. 17 crore annually as traffic fines.

FreeCharge aims to provide a seamless payments experience to its consumers and is rapidly expanding its service range to expand and enrich the digital payments landscape in India through such associations and partnerships. (ANI)

fiscal autonomy Srinagar [India], June. 28 (ANI): Jammu and Kashmir Minister of Finance Haseeb A Drabu today said the state government will factor in constitutional, legislative, administrative and institutional issues distinct to the state, while implementing the Goods and Services Tax (GST) Bill in the State.

Full Story >>

New Delhi [India], June 28 (ANI): Finance Minister Arun Jaitley on Wednesday said that all decisions in connection with the Goods and Services Tax (GST) Bill were taken after building consensus with states and political parties.

Full Story >>

New Delhi [India], June 28 (ANI): Airbnb democratizes tourism by bringing its economic benefits to communities that typically haven't shared in these benefits in the past.

Full Story >>

New Delhi [India], June 28 (ANI): World's largest player for South-Asian content, YuppTV on Wednesday announced its partnership with Fox Star Studios, one amongst the leading production houses of today.

Full Story >>

New Delhi [India], June 28 (ANI-NewsVoir): WittyFeed, World's second largest and India's largest content marketing company has rebranded itself and launched a new user interface. The brand also relaunched its logo, tagline and its look and feel keeping the new vision and brand philosophy in mind.

Full Story >>

New Delhi [India], June 28 (ANI-NewsVoir): SBI Mutual Fund, the fifth largest (by AAUMs) asset management company in the country would be the first Indian Mutual Fund Company to complete 30 years of successful operations on Thursday, June 29, 2017. SBI Mutual Fund was the first bank sponsored Mutual Fund to have been registered under SEBI.

Full Story >>

FreeCharge crosses 500 mn transactions

Updated: Jun 28, 2017 16:52 IST     

New Delhi [India], June 28 (ANI-BusinessWireIndia): Amidst increasing digital payments preference and awareness amongst consumers, FreeCharge today announced that the number of transactions on its platform has crossed 500 million, with the value of these transactions exceeding USD 1.2 billion.

Full Story >>

Marico appoints Ananth Narayanan to its Board of Directors

Updated: Jun 28, 2017 16:31 IST     

New Delhi [India], June 28 (ANI): India's leading Consumer Products Group Marico on Wednesday announced appointment of Ananth Narayanan on its Board of Directors as an Additional (Independent) Director.

Full Story >>

Fin Min setups special cell for smooth GST roll-out

Updated: Jun 28, 2017 16:29 IST     

New Delhi [India], June 28 (ANI): To brace the successful roll out of the Goods and Services Tax (GST), the Finance Ministry on Wednesday setup a special cell in the North Block dedicated entirely for the uniform indirect tax system, which will subsu

Full Story >>

New Delhi [India], June 28 (ANI): India's leading e-commerce giant, Amazon.in today announced the setting up of 16 'GST Cafes' across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process. In line with Amazon.in's continuous efforts to enable its sellers be GST-compliant, these cafes, available from June 26th, 2017 will be available for a duration of two weeks to train and empower sellers on the implications of the new GST tax.

Full Story >>

New Delhi [India], June 28 (ANI-NewsVoir): Aeries Financial Technologies Pvt. Ltd., a fin-tech company promoted by serial entrepreneur and private equity investor V. Raman Kumar, today announced that CASHe, India's fastest growing loan giving app for young salaried professionals has reached a phenomenal milestone of disbursing loans worth Rs. 100 crore to over 25,000 of its loyal customers.

Full Story >>

New Delhi [India], June 28 (ANI): SAIC Motor Corporation Ltd. on Wednesday announced its plan to enter the Indian automobile market through a fully-owned car manufacturing facility in the country.

Full Story >>

New Delhi [India], June 28 (ANI): Macmillan Education, one of the world's leading publishers of English Language teaching and school curriculum materials, has today launched the ICAS programme for the Indian subcontinent. Currently 14,500 schools in over 20 countries participate in ICAS and over 8.9 million students are being assessed under ICAS globally.

Full Story >>

New Delhi [India], June 28 (ANI): As businesses across the country gear up for the GST (Goods and Services Tax) rollout on July 1, ClearTax, India's largest income tax returns e-filing and enterprise compliance service provider, is gearing up to release its GST e-learning course in 20 regional languages including Kannada, Telugu, Tamil, Marathi, Gujarati, Bengali, etc.

Full Story >>

New Delhi [India], June 28 (ANI-NewsVoir): In an endeavor to ease out the immediate fund requirements of entrepreneurs, who are starved of institutional credit, Cash Suvidha is increasingly becoming a popular platform for hassle free unsecured loans.

Full Story >>

New Delhi [India], June 28 (ANI): Rajasthan's fastest growing NBFC licensed by RBI, Finova Capital has announced on-boarding Rahul Sahney and Anurag Agrawal as Chief Operation Officer and head of Credit and Operations at Finova Capital.

Full Story >>

New Delhi [India], June 28 (ANI): Always ahead of the innovation curve, Rubique has yet again demonstrated its focus on making financial solutions accessible to as many users as possible. The one-stop online marketplace providing technology enabled end-to-end solutions to financing needs of individuals and SMEs has just localised its Rubique Associate app.

Full Story >>

New Delhi [India], June 28 (ANI-NewsVoir): HDFC ERGO General Insurance Company, India's third largest non-life insurance provider in the private sector and Utkarsh Small Finance Bank on Tuesday signed a corporate agency agreement for the distribution of general insurance products through the bank's network of branches across the country.

Full Story >>

Tapp Me's on demand service model in expansion mode

Updated: Jun 27, 2017 18:44 IST     

New Delhi [India], June 27 (ANI-Newsvoir): Tapp Me, a Gurugram-based start-up offering hassle-free day-to-day repair and maintenance services for homes and offices, has taken an initiative of creating job opportunities for local technicians in the emerging smart cities of India. After an extensive market research, a model has been developed providing these local technicians regular earnings by working on a profit sharing basis with Tapp Me.

Full Story >>

i2iFunding emerges as first P2P lending player

Updated: Jun 27, 2017 18:38 IST     

New Delhi [India], June 27 (ANI-Newsvoir): The Indian P2P lending industry is in the nascent stage of development.

Full Story >>