L-R: Manish Agrawal, deputy GM, Pune retail regional office, HPCL; Satish Zope, head - Petroleum Business at AGS Transact Technologies and Mohit Mangal, director and CEO, Euro Cars India.
L-R: Manish Agrawal, deputy GM, Pune retail regional office, HPCL; Satish Zope, head - Petroleum Business at AGS Transact Technologies and Mohit Mangal, director and CEO, Euro Cars India.

HP Fastlane expands to Pune

14th Oct 2019 12:15 pm

The first Radio Frequency Identification (RFID) fuel payment solution, HP Fastlane, has expanded and launched in Pune after its successful run in Mumbai, Navi Mumbai and Thane over the past year.

HP Fastlane is said to be India’s first Radio Frequency Identification (RFID) fuel-payment solution and an initiative of AGS Transact Technologies (AGSTTL) – a leading providers of end-to-end cash and digital payments solutions and automation technology. It has now expanded to Pune after its successful launch in Mumbai, Navi Mumbai and Thane in June last year.

The app-based solution has been launched in partnership with Hindustan Petroleum Corporation Ltd (HPCL) with the aim to provide a convenient, and more transparent, fuelling experience to consumers. The company says that more than 120 HPCL outlets in Mumbai and Pune have currently been enabled with HP Fastlane.

HP Fastlane leverages RFID technology to deliver cashless payment solutions and brings the desired efficacy of fuel management in India. The HP Fastlane app has more than 60,000 claimed downloads since June 2018.

Ravi B Goyal, chairman and MD, AGS Transact Technologies said, “Our understanding of the payment solutions, combined with our experience and knowledge of automated fuel management systems, enables us to introduce a convenient method of fuelling. We are delighted to collaborate with Hindustan Petroleum, a leading state-owned oil company, to introduce the first-ever RFID-based fuel-payment solution. With their extensive network, we will be able to provide Fastlane-supported HPCL fuel stations that will deliver an enhanced customer experience to Punekars while optimising the business operations across fuel retail outlets. We are certain that our systematic and standardised end-to-end performance capabilities would be welcomed by all the stakeholders across the fuel industry.”

DN Krishnamurthy, chief general manager – west zone, HPCL said, “We received an immensely positive response for HP Fastlane at our HPCL petrol pumps in Mumbai, Navi Mumbai and Thane and we are elated to now extend this partnership to our customers in Pune. HP Fastlane allows convenient fuelling of designated vehicles and prevents fuel pilferage by bringing transparency in transactions. At HPCL, we are committed to providing better and efficient services and this solution will help us service our customers in Pune in a quicker, transparent and more secure way. We further aim to take HP Fastlane to all our pumps across India.”

Mohit Mangal, director and CEO, Euro Cars India said, “HP Fastlane has not only helped us on a micro level, but has also eased the task of managing transactions on a daily basis. With their technology we have been able to easily collect data, track the running average of our vehicles and also optimise overall operational costs. After the positive results in Mumbai, we have implemented the HP Fastlane solution on our vehicles in Pune as well. Currently, we have enrolled more than 100 vehicles on HP Fastlane.”

The HP Fastlane fuel-management solution can be accessed either on the web, or through the HP Fastlane mobile app. It allows customer to enrol their vehicle details and load money in the HP Fastlane wallet as and when required. The HP Fastlane user can preset the desired fuelling amount before visiting a nearby HPCL pump. When the registered vehicle reaches an HP Fastlane-enabled petrol pump, the attendant will scan the RFID tag pasted on the windshield of the vehicle. The user is notified in real time, once the fuelling is completed. HP Fastlane assures that just the right amount of fuel is dispensed and he/she is billed for the same.

Also see:

HPCL, AGS TTL launch contactless fuel payment solution

BS6 fuel available over entire Delhi-NCR

Clearing the air on BS6

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