AGS Transact Technologies is all set to commence pilot testing of a contactless fuel payment solution on the Ongo app at select fuel retail outlets of one of the leading OMCs (Oil Marketing Companies) in Mumbai. Offered on an open-loop platform, this cardless & contactless solution aims to provide consumers an enhanced digital experience at any fuel retail outlet in India. Ongo app users will be able to pre-set the desired fuel amount and enjoy a more-convenient fuel-filling and fuel payment experience via the Ongo open-loop wallet or virtual prepaid card.
Additionally, consumers can use the Ongo app for making non-fueling purchases at any RuPay acceptance point. Ongo is AGS Transact Technologies’ digital payment platform which aims to provide its users convenience by offering payments on-the-go. In due course of time, the Ongo app will also enable NCMC feature offering a seamless mobility experience. The aim of the pilot testing is to evaluate the operational performance of the Ongo open-loop solution for fuel payments while analysing any deployment challenges.
AGS Transact Technologies operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments.
