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India’s First Smart Card for gifting Fuel & Lubes Supports real-time activation and top-ups Do away with paper vouchers Easy to use and Secure User-defined.

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Presentation on theme: "India’s First Smart Card for gifting Fuel & Lubes Supports real-time activation and top-ups Do away with paper vouchers Easy to use and Secure User-defined."— Presentation transcript:

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2 India’s First Smart Card for gifting Fuel & Lubes Supports real-time activation and top-ups Do away with paper vouchers Easy to use and Secure User-defined 4-digit PIN SALIENT FEATURES Fuel Reimbursement/Gifting was never so Convenient & Secure

3 SALIENT FEATURES Fuel Reimbursement/Gifting was never so Convenient & Secure Dedicated web-based user interface for monitoring usage MIS on desktop 24 x 7 Toll-free Helpline (1800 200 1214) Unbelievable network – Close to 6000 select Retail Outlets across India covering the entire country

4 Single Recharge Campaigns for customers Gifting Multiple Recharge Fuel-Payments of employees Incentivising Channel Partners Other Stakeholders Variants & Applicability Fuel Reimbursement/Gifting was never so Convenient & Secure

5 Process – Single Recharge (Corporate) Fuel Reimbursement/Gifting was never so Convenient & Secure Purchase designated number of Easy Fuel cards by applying on standard Easy Fuel Application Form Make payment towards Cost of each card Cost of Card (add 10% service tax and 3% education cess on ST) Validity of these cards will be 6 months or exhausting of amount on the card whichever is earlier Denomination (Rs.)Cost (Rs.) <= 100060 > 1000 & <= 200050 > 2000 & <= 300040 > 300030

6 Process – Single Recharge (Corporate) Fuel Reimbursement/Gifting was never so Convenient & Secure Validity of these cards will be 6 months or exhausting of amount on the card whichever is earlier Corporate’s name can be captured on the card Define no. of cards and card-wise denomination on the application form Card wise Limits will be set based on the above

7 Fuel Reimbursement/Gifting was never so Convenient & Secure IndianOil will create a virtual bank account in HDFC Bank Make payment to IndianOil for the amount to be charged to the cards through this virtual bank account After receipt of cards Logon to our website www.iocxtrapower.com using unique login id and password www.iocxtrapower.com Confirm allocation of amount to each card in line with the denomination defined in the application form Process – Single Recharge (Corporate)

8 Process – Single Recharge (End Customer) Fuel Reimbursement/Gifting was never so Convenient & Secure Card holder approaches petrol pump and activates his card by changing default PIN (0000) to his own 4-digit PIN Requests petrol pump to transfer the amount on to his card Purchases Fuel or Lubricants for the amount on the card Transaction slip is generated for every transaction

9 Process – Multiple Recharge (Corporate) Fuel Reimbursement/Gifting was never so Convenient & Secure Purchase Easy Fuel cards with multiple recharge facility on a one-time basis for distribution to employees / channel partners / stakeholders using standard Easy Fuel Application Form Make payment towards cost of each card @Rs.110.30/- per card inclusive of service tax These cards will have a validity of 3 years Corporate’s name can be captured on the card Provisioning of capturing Names of the employees/channel partners on the respective cards

10 Process – Multiple Recharge (Corporate) Fuel Reimbursement/Gifting was never so Convenient & Secure IndianOil will create a virtual bank account in HDFC Bank After receipt of cards, make payment to IndianOil for the amount to be charged to the cards through the virtual bank account Logon to our website www.iocxtrapower.com using unique login id and passwordwww.iocxtrapower.com Check whether money deposited in the virtual A/C has been credited to your account Allocate amount to each card as per requirement

11 Process – Multiple Recharge (Corporate) Fuel Reimbursement/Gifting was never so Convenient & Secure Payment of incentives/fuel payment to employees/channel partners on a periodic basis Repeat the process of crediting your Xtrapower Easy Fuel account through HDFC Bank as and when required Repeat process of logging on to the website and allocate amount to the cards for the designated amount

12 Process – Multiple Recharge (End Customer) Fuel Reimbursement/Gifting was never so Convenient & Secure Card holder approaches petrol pump and activates his card by changing default PIN (0000) to his own 4-digit PIN Requests petrol pump to transfer the amount on to his card Purchases Fuel or Lubricants up to the amount on the card Transaction slip is generated for every transaction Repeats process as per his requirement Individual card holders can be given access to view their accounts on www.iocxtrapower.com

13 Process – Remittance of funds Fuel Reimbursement/Gifting was never so Convenient & Secure IndianOil will create a virtual account with HDFC Bank Corporates can transfer money to this virtual account through RTGS/NEFT/Cheque Deposit in CMS Branches of HDFC Bank Upon receipt of clear funds this amount gets credited to your Easy Fuel Account (Customer ID)

14 Benefits to Corporate Fuel Reimbursement/Gifting was never so Convenient & Secure Corporate can disburse incentives/gifts from his desktop Corporate can view transactions and generate MIS through the website Corporate has the option of topping up in case of multiple recharge cards Hassle of logistics for different campaigns is taken care off (Multiple recharge) Value for money for both corporate as well as beneficiary

15 THANK YOU


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