Fuel management and payment solutions specialists Payment24, has launched a new module in its comprehensive solutions suite, bringing contactless, cardless and secure fuel payments to market.
Payment24’s latest innovation, FastLane, is described as ‘biometrics for the vehicle’ which instantly identifies any vehicle enrolled in the system as it drives into the forecourt and then authorises refuelling and automates payment.
The FastLane system uses cameras and Artificial Intelligence to detect a vehicle’s registration number, make, model, colour and type as it drives into the refuelling station.
Shadab Rahil and Nolan Daniel, CEOs, Payment24, said FastLane adds yet another layer of security to Payment24’s portfolio of over 20 fuel and fleet management solutions.
Daniel said : “We are advancing to a stage in which the vehicle becomes the payment mechanism, taking away the time and effort that was traditionally needed to refuel a vehicle. Using advanced algorithms and artificial intelligence, we have made ‘paying by car’ a lot faster and more secure than using something like a fleet card. It’s the gateway to a world of cashless transactions, real-time visibility and satisfied customers. Payment24 FastLane is a way to distinguish yourself, giving customers peace of mind and building loyalty with them.”
