HPCL Partners With IDFC First Bank To Enable Fuel Payments Through FASTag

<!–

–>

HPCL Partners With IDFC First Bank To Enable Fuel Payments Through FASTag

State-run oil refiner Hindustan Petroleum Corporation Limited (HPCL) signed an agreement with IDFC FIRST Bank to facilitate fuel payments by motorists at HPCL’s retail outlets using FASTags, according to a recent statement released by the company. As part of the initiative, IDFC FIRST Bank’s FASTags can also be bought, recharged, and replaced by passenger vehicle users at selected HPCL retail outlets.

This makes the purchase and use of tags convenient for as many as five million motorists using IDFC FIRST Bank FASTags at the HPCL retail outlets, according to the statement. So far, FASTags have only been used to pay for toll charges.

Last year, IDFC FIRST Bank was the first to introduce fuel payments using FASTag balances for the commercial vehicle users at the HPCL retail outlets, through DriveTrack Plus POS terminals. Later, the facility was extended to personal vehicle users as well.

Personal vehicle users can now start using IDFC FIRST Bank’s FASTags to make fuel purchases at HPCL retail outlets and avail reward points. Payments using the FASTag balance can now be made by linking the FASTag to the “HP Pay” mobile application.

Leave a Reply

Your email address will not be published. Required fields are marked *