OTI and Sasol Oil to Implement OTI Petroleum Payment Solution

Wednesday 19 May 2004 14:28 CET | News

On Track Innovations(OTI) wholly owned subsidiary, OTI Africa, has entered into an agreement with Sasol Oil.

The agreement creates a network of on-road retail convenience centers and sites equipped with OTIs petroleum payment solution to service both the oil-company contracted and bank-contracted fleet markets and private motorists. The OTI solution will be implemented at Sasol and Exel branded sites. Sasol intends to expand its value proposition to customers by introducing applications at its retail convenience centers and sites, using OTI technology. OTI is contracted to provide a complete line of services including: sales support, installation, driver training, project management, help desk, technical support and development services. OTI will receive an on-going fee for the provision of these services that includes a volume based fee and a per month per vehicle fee for project management and support from Sasol, based on all gasoline and diesel sold through the use of OTIs petroleum payment solution.

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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce