In a
revolutionizing move for easy Digital payments, HPCL has enabled direct payment
of Fuel, LPG and Lubes thru ICICI Bank FASTag at their Retail Outlets. This
facility is available for all customers thru HP Pay App. HPCL is the first &
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
approx. Rs. 2500 crore per month. ICICI Bank with 37% spends in market share in
FASTag, will add lot of volumes from the customers for Fuel, LPG and Lubes
payment thru HP Pay App. Integration of HPCL’s DriveTrack Plus loyalty program
with ICICI Bank FASTag is also in progress.
Such
initiatives not only bolster Government of India’s Digital India campaign but
also enhance customer experience for easy payments at HPCL Retail Outlets.
Mumbai 07.06.2021
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