Fintech: Digital Payments, Electronic Toll Collection

Learn how do Highways, Road authorities, Parking, Municipalities collect tolls automatically. Digital Payments, NETC

Have you ever wondered how do Highways, Road authorities, Parking and Municipalities collect tolls automatically using digital payment tools? What is RFID tag, stickers and transponders which process the electronic toll collection? What is the meaning of congestion pricing and why it is enforced?

What you’ll learn

  • Electronic Toll Collection (ETC).
  • How is toll price calculated what are the pricing parameters? Congestion Pricing.
  • National Electronic Toll Collection (NETC) system.
  • Privacy debate around electronic toll collection.
  • Issuer, Acquirer bank, payment switch for the electronic toll collection.
  • Digital payments in the Electronic Toll Collection.
  • Fintech in the Electronic Toll Collection.

Course Content

  • Introduction and Overview –> 1 lecture • 4min.
  • Overview and Why electronic toll collection –> 2 lectures • 22min.
  • Why RFID for Electronic Toll Collection –> 2 lectures • 16min.
  • How does Toll Fee gets decided –> 2 lectures • 17min.
  • Parties in the Electronic Toll Collection transaction –> 2 lectures • 13min.
  • Case in Point – National Electronic Toll Collection NETC in India –> 2 lectures • 18min.
  • Governance, Privacy Debate and Pillars of Electronic Toll Collection –> 2 lectures • 16min.
  • Electronic Toll Collection Market Size and Reasons of Growth –> 1 lecture • 7min.
  • Barcode and QR code Activity and course Quiz –> 1 lecture • 4min.

Fintech: Digital Payments, Electronic Toll Collection

Requirements

  • Basic understanding of Digital payments.
  • Interest and patience to learn something new.

Have you ever wondered how do Highways, Road authorities, Parking and Municipalities collect tolls automatically using digital payment tools? What is RFID tag, stickers and transponders which process the electronic toll collection? What is the meaning of congestion pricing and why it is enforced?

How is toll price calculated what are the pricing parameters? What is an interoperable payment system in the electronic toll collection system? What is the National Electronic Toll Collection (NETC) system in India by the National Payments Corporation of India (NPCI) and how does the transaction happens at the back end.

“Please go through the curriculum and the sample video thoroughly before purchasing the course”

Do we have an issuer,  acquirer bank, payment switch for the electronic toll collection (ETC) system, can a non-bank institution issue or participate in the electronic toll collection system. What are different fintech solutions to solve this issue, like mobile wallets, pre-paid instruments etc.

Privacy debate around electronic toll collection and how can it be solved, what are the governance pillars of the electronic toll collection.

This course answers all the above questions and many more. So if you are working in the digital payment or fintech domain or are new or planning to enter the domain, it will help you to understand the back end architecture of the electronic payment collection system.

Look forward to meeting you in the course.

Thanks

Team – Growmin Training and Consultancy

“Our aim is to deliver good quality and 5 Star training to our students and clients”.