News

OTI Easyfuel Expanding Presence in Latin America

Friday 18 June 2004 14:54 CET | News

On Track Innovations (OTI) has signed a distribution agreement with Fuelomaster, a Guatemalan company that will distribute EasyFuel throughout the country.

Fuelomaster will target gas stations for fleets, as well as the retail gas station market. Fuelomaster is already in negotiations with fuel companies and big fleets that have expressed interest in EasyFuel for use across Central America. Guatemala is the headquarters for many Latin America subsidiaries of both fuel companies and many other enterprises, and thus represents an ideal showcase for EasyFuel. EasyFuel wireless solution represents the next generation of OTIs Gasoline Management System, providing easy, quick and cost-effective installations, minimum maintenance and fast turn around at the pump. The EasyFuel system has built-in benefits for oil companies, commercial fleet operators, financial institutions, and private motorists. The oil companies build loyalty with fleet companies via long-term contracts, as well as with private motorists. The OTI solutions are easily integrated into existing hardware and software systems. The system allows for 24-hour non-attendant sales, as well as greater in-store purchases. Fleet companies eliminate non-authorized fueling and receive comprehensive billing and detailed operating information. The financial institutions benefit from new transaction fees and greater cash flows. Retail customers receive 24-hour, fast, cashless service and loyalty program rewards. Last Year, OTI introduced EasyFuel in Spain and Mexico.


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Categories: Payments & Commerce | Cards
Countries: World
This article is part of category

Payments & Commerce