- The partnership was made for enabling FASTag customers of the bank to facilitate fuel payment of passenger vehicles at retail outlets of HPCL, by using IDFC First bank’s FASTags via the HP Pay app.
- Through this partnership, the customers can also purchase, recharge or replace IDFC First bank’s FASTags at the outlets of HPCL.
- The transit-related payment system will also become simpler and efficient due to this collaboration.
- Static Part:
- HQ of IDFC First Bank: Mumbai
- MD and CEO of IDFC First Bank: V Vaidyanathan
- HQ of HPCL: Mumbai
- CMD of HPCL: M K Surana
Question:
Q.1 With which bank has HPCL partnered for fuel payments using FASTags?
a. Axis Bank
b. ICICI Bank
c. IDFC First Bank
d. Federal Bank
a. Axis Bank
b. ICICI Bank
c. IDFC First Bank
d. Federal Bank