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Paytm Payment Bank partners with Prestige Group & Secure Parking to enable fastag payment for parking

Aug 16, 2025 Blog 1 min read

Secure Parking has partnered with Paytm Payments Bank and the Prestige Group to introduce automatic FASTag-based parking fee processing across premier commercial and retail properties.

Frictionless Transactions

Drivers no longer need to halt at exit booths or carry cash/cards. As the vehicle approaches the barrier, high-speed RFID sensors scan the active FASTag on the windshield and automatically deduct the correct fee, raising the gate in under 3 seconds.

Nationwide Digitalization

This initiative aligns with the government’s digital transaction goals, decreasing cash-handling risks, reducing carbon emissions from idling engines, and providing users with automated digital receipts for simple expense tracking.

FAQs

The cost structure for valet parking services can vary significantly based on factors such as location, type of venue, volume of cars, hours of operation, and additional services required. Providers might charge a flat fee per car, an hourly rate for attendants, or a monthly retainer for continuous service. For businesses, the cost is often offset by increased customer satisfaction, efficient space utilization, and enhanced brand perception. It's best to request a customized quote based on your specific needs.

Professional valet parking solutions minimize risk through comprehensive insurance coverage, including garagekeepers liability and general liability insurance. They employ well-trained drivers, implement strict key-management protocols, and utilize digital tracking systems to log vehicle condition upon arrival. In the rare event of damage or theft, the provider's operations team coordinates with the client and insurance carriers to resolve claims promptly and professionally.

Yes, professional valet parking services can be fully customized for special events of any scale, including corporate gatherings, weddings, private parties, and VIP functions. Customization includes adjusting staffing levels, branding uniforms, tailoring signage, managing traffic flow for peak hours, and coordinating VIP arrival/departure flows.

When evaluating a valet parking contract, businesses should look for clear terms regarding service hours, staffing levels, performance guarantees, and detailed insurance coverage. It's also important to define billing procedures, liability limits, and termination clauses to ensure a transparent, mutually beneficial partnership.

Hotel valet services integrate seamlessly with hotel operations by syncing with property management systems (PMS) for automated guest billing, coordinating with front desk and bell desk teams to anticipate guest arrivals/departures, and maintaining high hospitality standards that reflect the hotel's brand identity.
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