No more bill frauds
Vehicle owners can now drive into a fuel pump, fill up and drive out with the payment being debited from their account seamlessly. HPCL and payments & automation company AGS Transact Technologies have joined hands to develop a solution where the pump’s nozzle identifies a car by a chip near the fuel tank and dispenses petrol or diesel according to the amount the owner sets in a mobile app. The solution will do away with billing frauds as tagged car-owners will pay for only that fuel that flows through the nozzle.
Enter the Fastlane app
HPCL plans to activate this service in 35 outlets in Mumbai city and has already gone live in close to 18 petrol pumps. The service — christened Fastlane — is targeted at all vehicle owners and is the first time in the world that technology is being used for seamlessly refuelling and billing. Read More
Latest posts by The Economic Times (see all)
- Transformation of railways in NDA budgets - January 19, 2019
- Mahanadi coalfields loses 20 million tonne production due to strikes - January 19, 2019
- Bad bets on oil, gas spark wave of energy-fund closures - January 18, 2019