ETC:

An ETC (Electronic Toll Collection) license pertains to the operation and management of electronic toll collection systems, often used on highways, bridges, and other toll facilities. ETC technology streamlines toll payment processes by allowing vehicles to pass through toll booths without stopping, as tolls are electronically deducted from prepaid accounts or billed later. Obtaining an ETC license typically involves compliance with specific regulations, installation of toll collection equipment, and adherence to security and financial requirements. ETC licenses are essential for both public and private entities involved in toll collection, ensuring efficient and reliable tolling systems that contribute to reduced traffic congestion and improved transportation infrastructure.