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Airtel Payments Bank to use HPCL's 14k fuel stations as banking points

Now, Airtel Payments Bank customers can use HPCL fuel stations to avail banking services

Press Trust of India  |  New Delhi 

HPCL's 14k fuel stations to act as banking points for Airtel Payments Bank

on Tuesday said it has entered into a strategic pact with Hindustan Petroleum Corporation Limited (HPCL) to enable its customers to avail banking services such as opening new accounts and making cash withdrawals at the latter's 14,000 fuel stations.

The strategic partnership is aimed at customer convenience as well as boosting digital payments in the country, said in a statement.

"All 14,000 fuel stations will act as for All customers would be able to access a range of convenient banking services at these 14,000 fuel stations, e.G. Open new accounts, make cash deposits and withdrawals facility, and transfer money," it said.

The move will expand the reach of Airtel Payments Bank's retail-based network, which currently has over 300,000 Airtel retail outlets as

"customers will also be able to make secure and convenient digital payments for fuel purchases across 14,000 fuel stations by using their mobile phones," the statement added.

Customers would be able to make these cashless payments by using their smartphones (MyAirtel App) as well as feature phones (USSD).

First Published: Tue, August 01 2017. 20:52 IST