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OTIs Announces the 200th Gas Station With its Petroleum Payment System in Turkey

Monday 1 March 2004 14:01 CET | News

On Track Innovations (OTI) has completed the 200th gas station of Turcas Petrol A.S, the fourth largest producer and distributor of petroleum products in Turkey, with OTI contactless petroleum payment solution.

In 2003, 70 million liters (18.5 million gallons) went through the system. This signals another country that has adopted OTI petroleum payment solutions and another oil company to enjoy the benefits of the product. OTIs petroleum payment system, benefits both oil companies and commercial fleet operators; the program monitors and expedites the fueling and payment process, and permits the fueling of designated vehicles only, eliminating potential fraud. In addition, the system provides comprehensive billing, while reporting fuel consumption and mileage. Late last year, OTI announced new EasyFuel wireless petroleum payment system installations in Mexico and Spain. In addition, the Company recently reported that their petroleum payment program, branded as FuelMaster by BP in Southern Africa, reported record volume growth - from 100M liters (26M gallons) in 2002 to 175M liters (46M gallons) in 2003. This increase makes the FuelMasterTM payment system one of the most successful launches of a payment program in the petroleum industry.


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

Payments & Commerce