Airtel Payments Bank, Park+ Partner For FASTag-Based Smart Parking at Varanasi Airport

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Airtel Funds Financial institution, a FASTag issuer, has collaborated with Park+ to allow FASTag-based good parking answer at Varanasi’s Lal Bahadur Shastri Airport.

The FASTag-based good parking answer permits automated cashless funds at airport parking, making automobile motion within the car parking zone frictionless and time environment friendly.

The parking payment fee is deducted by means of the legitimate FASTag related to the automobile, a course of that reduces the time required to make the fee.

A press release saying the collaboration between Airtel Funds Financial institution and Park+ mentioned with this, the native residents can now use the FASTag on their automobile to pay for a parking spot on the Varanasi airport.

The 2 entities are working collectively to streamline the fee course of by decreasing the time spent in queues at main parking heaps throughout the nation and can quickly make the service reside at different metropolis airports as properly.

Ganesh Ananthanarayanan, Chief Working Officer of Airtel Funds Financial institution mentioned with the partnership, the purpose is to supply a easy, safe, and seamless fee expertise to prospects.

“This may assist save a variety of time amid the rising crowd at airport parking heaps and assist smoothen the journey expertise,” Ananthanarayanan mentioned.

Based in 2019 by Amit Lakhotia, Park+ is an app for automobile homeowners that solves the every day challenges confronted by automobile homeowners, starting from parking, FASTag administration, automobile insurance coverage, automated automobile entry management programs and EV charging stations.

Backed by Sequoia Capital and Matrix Companions, Park+ is current in 2,500 plus residential societies, along with workplaces and malls throughout over 25 Indian cities, together with Delhi-NCR, Bengaluru and Mumbai.

“Park+ has been making aware efforts to associate with like-minded organizations to boost automobile possession experiences for customers. As a part of this technique, we’re excited to collaborate with Airtel Funds Banks and Airport Authority of India, to carry our FASTag enabled cashless parking administration system to Varanasi,” mentioned Amit Lakhotia, Founder and CEO, Park+.

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