Business Update11 Jan 2024, 06:57 pm
AGS Transact Technologies to Pilot-Test Open-Loop Contactless Fuel Payment Solution
AI Summary
AGS Transact Technologies Limited (BSE: 543451 & NSE: AGSTRA) announced that it will commence pilot testing of a contactless fuel payment solution on the Ongo app at select fuel retail outlets in Mumbai. The solution, offered on an open-loop platform, aims to provide consumers with an enhanced digital experience at any fuel retail outlet in India. The pilot testing aims to evaluate the operational performance of the Ongo open-loop solution for fuel payments and analyze any deployment challenges.,
Key Highlights
- Pilot-testing of open-loop contactless fuel payment solution on Ongo app
- Enhanced digital experience for consumers
- Open-loop platform for fuel payments
- Analysis of operational performance and deployment challenges