Hindustan Petroleum Corporation Ltd (HPCL) and AGS Transact Technologies have launched HP-Fastlane to make the lives of customers easier. This is basically a contactless fuel payment solution that automatically identifies registered vehicles via RFID and uses a prepaid wallet. Electronic cash transactions have gained popularity in the past few years and this is a brilliant way of going cashless. Currently there are 18 HP-Fastlane pumps Mumbai, Vashi and Thane. 200 more outlets are set to be open for customers in a phased manner all across the nation.
The facility will be opened for end-consumers by July 1. One can register their vehicle details and load money in the prepaid HP-Fastlane wallet which can be accessed over the Internet or through a HP-Fastlane mobile app, available on Android and iOS platforms. Once at the pumps the RFID ring fitted in the vehicle’s fuel tank ensures just the right amount of fuel dispensation, thus avoiding fuel proliferation. The HP-Fastlane components have been proved to be intrinsically safe. It has been certified by Petroleum Explosives and Safety Organisation (PESO) to be installed in hazardous areas.