Jio Financial Services Jio Payments Bank Enters Multi-Lane Free Flow Tolling

Jio Payments Bank Limited (JPBL), a subsidiary of Jio Financial Services, has secured a contract for implementing FASTag Automatic Number Plate Recognition (ANPR)-based MLFF toll collection system across two toll plazas – Shahjahanpur and Manoharpura. This move strengthens JPBL’s presence in infrastructure-linked digital payments and leverages Jio Platforms’ digital capabilities, contributing to India’s evolving mobility ecosystem.

JPBL’s New Tolling Contract

October 13, 2025, marks a significant milestone for Jio Payments Bank Limited (JPBL), as it secures a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF toll collection system. The contract covers two toll plazas: Shahjahanpur and Manoharpura, located between Gurugram and Jaipur.

MLFF Tolling System Details

The MLFF tolling system is an advanced electronic toll collection technology. It uses a combination of Radio-Frequency Identification, ANPR, Dedicated Short-Range Communication, and Global Navigation Satellite System technologies. This combination ensures smooth, contactless tolling across multiple lanes, reducing congestion and improving commuter convenience.

Significance of the Project

These plazas were awarded as part of a tender issued by Indian Highways Management Company Limited (IHMCL). The project aims at enabling seamless, barrier-free vehicular movement on national highways. Of the five MLFF bids awarded so far, JPBL has secured two.

JPBL’s Existing Toll Operations

This new contract builds on JPBL’s existing FASTag acquisition-based toll processing operations, which commenced in July 2025. JPBL already manages toll operations at 11 toll plazas on different highway stretches across the country as an acquirer bank.

Strategic Synergies

JPBL is exploring synergies with Jio Platforms to leverage robust digital capabilities for its toll management operations across highways. This collaboration will enable JPBL to play a catalytic role in the transformation of India’s infrastructure-linked digital payments landscape.

Executive Commentary

Vinod Easwaran, Managing Director & CEO of Jio Payments Bank Limited, stated, “Our expansion into the tolling ecosystem is a natural progression of our mission to digitise everyday payments and build smart financial infrastructure at scale. This milestone reflects our commitment to delivering seamless, citizen-centric financial services and driving access, efficiency, and inclusion across the country.”

Source: BSE

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