Digital Payments and Transactions: Year-, Month- and Bank-wise Volume of NETC FASTag Transactions

High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2021 to till date on the volume of NETC FASTag transactions performed by Issuer and Acquirer banks, along with percentage of transaction which are Approved, Deemed Approved, Business Declined and Technically Declined.

Notes:

1. Issuer Banks are banks which issue ETC tag to the vehicle owner and Acquiring Banks are Banks which acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System. For the purpose of issuing as well as acquiring, the banks must be members of NPCI.
2. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
3. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc

高频指标数据集：本数据集收录了自2021年起至当前年度，按年、月及银行分类汇总的NETC FASTag交易量数据，包括发行银行和收购银行执行的NETC FASTag交易总量，以及交易审批通过率、视为批准率、业务拒绝率和技术拒绝率等百分比。

备注：
1. 发行银行是指向车辆所有者发行ETC标签的银行，而收购银行是指收购收费广场以便利ETC交易支付通过ETC支付系统的银行。为了发行和收购，银行必须是NPCI的成员。
2. 业务拒绝（BD）是指由于客户输入无效PIN码、账户受益人信息错误等或由于其他业务原因（如超过每笔交易限额、超过每日允许的交易次数限制、超过每日金额限制等）而拒绝的交易。
3. 技术拒绝（TD）交易是指由于任何技术原因（如银行ID为空或格式不正确、异常代码不在数据库中或格式不正确等）而拒绝的交易。