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Easy Fuel Card Presentation 07042010

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Page 1: Easy Fuel Card Presentation 07042010
Page 2: Easy Fuel Card Presentation 07042010

• 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

Page 3: Easy Fuel Card Presentation 07042010

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 (18004255599)

•Unbelievable network – Close to 6000 select

Retail Outlets across India covering the entire

country

Page 4: Easy Fuel Card Presentation 07042010

• 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

Page 5: Easy Fuel Card Presentation 07042010

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.)

<= 1000 60

> 1000 & <= 2000 50

> 2000 & <= 3000 40

> 3000 30

Page 6: Easy Fuel Card Presentation 07042010

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

Page 7: Easy Fuel Card Presentation 07042010

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

•Confirm allocation of amount to each card in line with the denomination defined in the application form

Process – Single Recharge (Corporate)

Page 8: Easy Fuel Card Presentation 07042010

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

Page 9: Easy Fuel Card Presentation 07042010

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

Page 10: Easy Fuel Card Presentation 07042010

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 password

•Check whether money deposited in the virtual A/C has been credited to your account

•Allocate amount to each card as per requirement

Page 11: Easy Fuel Card Presentation 07042010

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

Page 12: Easy Fuel Card Presentation 07042010

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

Page 13: Easy Fuel Card Presentation 07042010

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)

Page 14: Easy Fuel Card Presentation 07042010

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

Page 15: Easy Fuel Card Presentation 07042010

THANK YOU