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Bharat Petroleum Corporation partners with UltraCash Technologies

19 Mar 2022 Evaluate

Bharat Petroleum Corporation (BPCL) has partnered with UltraCash Technologies to offer voice-based digital payment facility for BharatGas consumers for booking their LPG cylinders. Through this feature, the consumers who do not have smart phones or internet can book their cylinders and make the payment through ‘UPI 123PAY’. With introduction of this facility, around 4 crore consumers of BharatGas in rural India will stand to benefit. BPCL is the first Company in India to offer their service to consumers after RBI Governor announced the launch of UPI 123PAY last week.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
HPCL 345.15
MRPL 166.95
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