Phoenix Petroleum Offers Cashless Reloading, Digital Sale

Phoenix Petroleum Philippines, Inc. has offered consumers a cashless reloading service through radio-frequency identification (RFID) technology, shortly after holding its recent first digital flash sale in December, the firm told the local bourse.

Photo Insert: Phoenix Petroleum's drive-thru eTap terminal.

In a press release, the oil company said that motorists could now use their Easytrip and Autosweet RFID stickers to reload their accounts through its majority-owned digital microfinance service provider Posible.

The company said the RFID reloading service was initially rolled out on Dec. 29 at 23 participating outlets. The technology would be made available in more of its stations, the firm added.

“Through this, we hope to provide a safer and more convenient reloading options to our motorists who can now skip the long lines and delayed load crediting in other reloading stations,” Phoenix Petroleum’s president Henry Albert R. Fadullon said in a statement.

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