Financial Institutions
The roads and highway sectors play a crucial role in the growth of the Indian economy as around 65% of goods are transported via road, and nearly 90% of passenger traffic is by road. Physical payment of toll-fees for each and every vehicle passing through the toll-plaza not only causes a traffic jam but also results in wastage of time and fuel for the commuters.
A nation-wide Electronic Toll Collection (ETC) program has been implemented in India to facilitate unified and seamless movement of traffic across all toll roads in India.
EFKON India provides a powerful lane engine with associated sub-systems that facilitate fraud-free transaction management, allowing for a steady, accurate, and traceable financial flow. The whole system is monitored by way of data-driven controls and video tracking capabilities. This is in addition to separate monitoring utilities placed at the main control centre.
Electronic Toll Management Systems (e-TMS – FASTag)
EFKON India’s Toll Management Systems (TMS), helps in all electronic toll collection in free-flow traffic or automated payments at conventional toll plazas, high-occupancy vehicles (HOV) lanes, toll bridges, tunnels, etc. We design, implement, and maintain an optimal solution to meet our clients’ tolling needs with support of Smart cards and FASTag.
Central Clearing House (CCH)
EFKON India’s CCH is an essential network for a multi-modal transaction management system that enables multiple revenue collection agencies to share transaction data and revenue reconciliation. Our advanced technology and comprehensive know-how help in providing a fully automated, end-to-end transportation solution that significantly improves:
- Revenue collection on toll roads
- Efficiency while effectively lowering costs for agency clients
Our CCH solution is a scalable, fully managed system allowing clients’ IT infrastructure to plug directly through a single connection, creating a multi-party, business process platform. Both partners can then exchange and collaborate regardless of technology differences, working together effectively and efficiently.
