An oil marketing company's retail outlets now equipped with FASTag for payment

An oil marketing company's retail outlets now equipped with FASTag for payment

FPJ Web DeskUpdated: Monday, June 07, 2021, 11:57 PM IST
article-image
An oil marketing company's retail outlets now with FASTag for payment |

State-run HPCL has enabled direct payment of fuel, LPG and lubes through ICICI Bank FASTag at their retail outlets. This facility is available for all customers via HP Pay App.

The company stated that it is the first and only oil marketing company to integrate payment systems with FASTag.

Earlier, to make digital payments easy, HPCL had enabled fleet customers payment through HPCL DriveTrack Plus terminal, with IDFC Bank FASTag .

FASTag for toll collection for all vehicles is now mandatory and now accounts for approximatley Rs 2,500 crore per month.

ICICI Bank with 37 per cent spends in market share in FASTag, will add lot of volumes from the customers for Fuel, LPG and Lubes payment through HP Pay App. Integration of HPCL’s Drive Track Plus loyalty programme with ICICI Bank FASTag is also in progress.

RECENT STORIES

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu..."; Here's How To Save...

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu...

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byju's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29 Amid...

A Big Relief For Byju's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29 Amid...