IndianOil and ICICI Bank have joined hands to provide enhanced contactless and cashless fuelling experience at IndianOil forecourts. ICICI Bank FASTag users can now enjoy a fully digitised experience at IndianOil’s fuel stations which will reduce wait time for customers.
This system is integrated with IndianOil’s automation system which removes any manual intervention during the fuelling process. This integration allows for payment of petrol, diesel, and SERVO Lubricants through ICICI Bank FASTag. Under the first phase of this initiative, 3000 IndianOil retail outlets will be covered across India.
Launching this customer offering, Mr. Shrikant Madhav Vaidya, Chairman, IndianOil, said, “The launch of IndianOil ICICI Bank FASTag Payments is a significant leap to strengthen the aspirations of Digital India as IndianOil and ICICI Bank join hands with FASTag to provide an enhanced fuelling experience for customers. Through this rollout, ICICI Bank FASTag users can enjoy an entirely digitised experience at IndianOil’s fuel stations. This system is integrated with IndianOil’s automation system, which removes manual intervention during the procurement of petrol, diesel, or SERVO lubricants through ICICI Bank FASTag at IndianOil Retail Outlets. I must also underscore that this partnership stands as a testimony to our commitment towards an Aatmanirbhar Bharat as it leverages the indigenously developed FAStag technology.”
To avail this facility, customers must inform the customer attendant while fuelling, who will then scan the vehicle’s FASTag/car numberplate. The customer will then receive an OTP to validate the transaction. The transaction will be completed when the OTP is entered in the POS machine.
IndianOil is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals, and alternative energy sources. With a net profit of Rs. 21,836 crore for the fiscal 2020-21, IndianOil is one the largest and most trusted corporates in the country, touching the lives of over a billion Indians. With a 33,500-plus work-force, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, lndianOil has provided energy access to millions of people across the length and breadth of the country through its ever-expanding network of customer touchpoints, currently numbering over 50,000.
It has subsidiaries in Sri Lanka, Mauritius, the UAE, Singapore, Sweden, USA and Netherlands. It is pursuing diverse business interests with over 20 joint ventures with reputed business partners from India and abroad to explore global opportunities.
Visit www.iocl.com to know more.