Cashless facility expands across Indianoil Network
With the right use of infrastructure and technology, Indianoil is ensuring that customers visiting its facilities can effortlessly reduce the use of cash. As on date, more than 60% of Indianoil’s 25,000 petrol stations are offering digital payment gateways to customers. Similarly Indianoil has ensured digital payment for LPG cylinders in more than 50 cities through more than 5,700 e-wallets and 689 POS/MPOS.
Indianoil has also partnered with leading banks such as SBI, AXIS, ICICI, and IDFC to enable the cashless and faster movement of Tank Trucks at the toll plaza. The trucks are fitted with a Radio Frequency Indicator (RFID) linked to the banks server that allows the trucks to pass through without paying toll charges in cash. The bank takes record of transactions at toll plaza of the trucks fixed with RFID Tags and settle amount to NHAI and submit a daily transaction statement to Indianoil. Indianoil in turn reimburses the same to the banks. As on date about 18,000 tank trucks out of its fleet of 24,000 TTS are fitted with RFID. Corporation has introduced cashless movement of Tank Trucks across India within a very short time.
Indianoil’s Director Marketing, Mr. BS Canth, said, “The massive infusion of digital payment gateways at its facilities is growing on a day-on-day basis and as on date 25% of our business volume is through cashless payment gateways. Digipayments are expected to add a new dimension to our massive operations with cashless efficiency and convenience for our customers.”
‘INNOVATION AND TECHNOLOGY SHALL BE KEY DRIVERS FOR IOC IN COMING YEARS’
Indian Oil Director (Refineries), Sanjiv Singh, in his New Year address, reiterated the team’s commitment to efficient, smooth and cost-effective supplies for meeting the energy demands of the country.
He said that the Team Indianoil is fervently embracing technological advancements in its refineries and building capabilities of its people to be in readiness to seize promising opportunities in the changing energy landscape.
“Innovation & technology shall be the key drivers for the Corporation in the coming years,” he said.
He added that Indianoil Refineries are making steady progress towards ensuring 100 per cent supply of BS-IV grade fuels from April 1 2017 onwards.
Singh also shared that India has made an ambitious and very challenging plan to leapfrog directly from BS-IV to BS-VI emission norms by April 1, 2020 i.e., within a span of just three years, a feat being attempted perhaps for the first time by any country in the world. The Indianoil Refineries are also gearing up for its timely implementation.
Director (Refineries), Indianoil, also said, “Safety, sustainability and environment protection shall continue to be a top priority in all our business operations.”
INDANE DELIVERY BOY WITH THE CUSTOMER MAKING CASHLESS TRANSACTION