Engineering Innovation In
Our digital payment solutions enable new services for one of the biggest oil companies in the world.
Approach & Solution
Our client is a foreign company operating in Italy for the refining and distribution of petroleum products. A mature market in which it acts as a leader, thanks to the strategic vision of its business and the ability to continuously transform its offer. Precisely in this context, our client wanted to give strong impetus to the management of private-label payment systems through evolution of its offer in the digital payments sector and the introduction of new functionalities.
Our proprietary solution, Hycards, provided the following functionalities:
- Dynamic PINs with random or chosen code.
- Customizable daily, monthly and annual spending limiter.
- Opening to the MyBank and PayPal circuits for topping up fidelity cards.
- Accumulation of credits on refueling and other credits, convertible into fuel discount coupons or partner coupons.
- Mutual acceptance of fuel card payments with other oil companies.
- Cross-selling operations with the Large-scale Retail sector (partial payments of refueling using partner coupons).
New approach to dematerialization
Increase in annual payments by 310%
250,000 new fuel cards in circulation
AI & Advanced Analytics
Our Products & Other Technologies
Engineering Finance Business Unit