Now, cashless LPG deliveries with Freecharge

Image
ANI New Delhi [India]
Last Updated : Nov 07 2016 | 5:42 PM IST

In an effort to make utility payments fast and frictionless for its users, Freecharge, India's fastest growing digital payments platform, has partnered with Indian Oil Corporation Limited (IOCL) for cashless payments for LPG cylinder deliveries across the country.

The pilot project for this is already live with multiple distributors in Bangalore, Chandigarh, Raipur and Kolkata. By the end of March 2017, the project is expected to cover the entire IOCL network comprising nearly 8000 dealerships across India. Once the roll out is complete, every IOCL consumer will have the option to pay for the LPG deliveries using their Freecharge wallet.

At the point of delivery, customers will be able to complete payment for their LPG cylinders within 10 seconds and at the tap of a button, making the entire transaction process swift and seamless.

The payment will get completed even without Internet connectivity, since Freecharge's On-The-Go-Pin works even in offline mode. This technological innovation in payments landscape will prove to be a great advantage for consumers and will also come as a relief to thousands of LPG delivery agents who have to deal with hassles of handling large amounts of cash daily.

"We are glad to associate with IOCL as a wallet partner to enable e-cash payments. The partnership will create another milestone in our journey to make consumers move from cash to e-cash. Enabling payment through the Freecharge wallet will make the entire transaction process swifter, safer and more convenient for customers and for the LPG delivery agents. With every innovation and association, we are supporting Indian Government's ambition of a digital India and RBI's vision of a less cash economy," said CEO Freecharge, Govind Rajan.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 07 2016 | 5:29 PM IST

Next Story