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SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH


The News Scroll
28 April 2021  
Last Updated at 3:13 pm |
Source: PTI
SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH
Outlook
April 28, 2021 15:13 IST
SafexPay Eyes Expansion In Qatar With Its Entry Into QFTH
outlookindia.com
1970-01-01T05:30:00+0530
(Eds: Disclaimer: The following content is a press release. PTI takes no editorial responsibility for the same.)
Mumbai, April 2021: Mumbai based B2B payment gateway solution provider, SafexPay has started eyeing its expansions in Qatar markets post its entry among the top 11 fintech start-ups at QFTH by Qatar Development Bank.
The Qatar Fintech Hub (QFTH), which is co-founded by Qatar Development Bank (QDB) and established to support the growth of the fintech industry in Qatar, has announced the final list of successful fintechs to join Wave 2 of its Incubator and Accelerator Programs, which are due to run until June 2021. ....

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India Likely To Become Toll Free In Next Two Years As Government Finalises Global Positioning System Technology


India will become toll naka mukt in next two years as Government has finalised Global Positioning System (GPS) technology based toll collection to ensure seamless movement of vehicles across the country, Union Minister of Road Transport & Highways (MoRTH) and Micro, Small & Medium Enterprises (MSMEs), Mr Nitin Gadkari said at an ASSOCHAM Foundation Week Programme yesterday. He explained that the toll amount will be deducted directly from the bank account based on the movement of vehicles.
While now all commercial vehicles are coming with vehicle tracking systems, the Government will come up with some plan to install GPS technology in old vehicles. He expects the toll collections to reach Rs 34,000 crore in this year by end of March. ....

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Indian highways to be 'toll booth free' in two years: Nitin Gadkari, India News News


Story highlights
Gadkari also said that all toll collections may reach Rs 34,000 crore by coming March. He stated, by using GPS technology for toll collection, the toll income in the next five years will be Rs 1,34,000 crore.
Union Minister for Road Transport and Highways Nitin Gadkari on Thursday (17 December) announced that the entire nation will be free of toll plazas in the next two years.
He said that India will move on to a Global Positioning System (GPS) technology-based toll collection to ensure seamless movement of vehicles across the country.
Addressing the ASSOCHAM Foundation Week Programme here today, he shared his perspective on the theme ‘National Infrastructure Pipeline critical for economic revival across sectors,’ and explained that the toll amount will be deducted directly from the bank account based on the movement of vehicles. While now all commercial vehicles are coming with vehicle tracking systems, the Government will come up with s ....

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India soon to go 'toll-plaza free' with GPS technology: Nitin Gadkari


India soon to go toll-plaza free with GPS technology: Nitin Gadkari
Union Minister Gadkari said on Thursday that the govt has finalised a GPS-based system with Russia to make Indian highways toll-free in the next two years.
  |  18 Dec 2020 2:21 PM GMT
Delhi: Enhanced GPS-technology will be introduced in Indian highways within the next two years to make vehicular transport toll-free, said Union Minister Nitin Gadkari on Thursday. With the idea of making vehicular transport easier all across the country, the Union Road Transport and Highway Minister also revealed that the system will be such that the toll amount will be deducted directly from the bank account based on the movement of vehicles. ....

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