BREAKING NEWS

Advertisement

Business

Updated on: Monday, June 07, 2021, 11:57 PM IST

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

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

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

Advertisement

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.

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Published on: Monday, June 07, 2021, 11:27 PM IST
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement