Q1. Consider the following statements about how a FASTag toll transaction is processed: 1. The tag is detected by RFID readers installed in toll lanes. 2. The acquirer bank sends the toll transaction to the issuer bank through NPCI as the CCH service provider. 3. The toll amount is deducted from cash paid by the driver at the booth, not from the FASTag account. Which of the statements given above are correct?
Explanation
Statements 1 and 2 are correct. Statement 3 is incorrect because the toll amount is deducted from the customer's FASTag account and passed onward to the concessionaire or toll operator account.
