March 20, 2022: The public sector fuel company, Bharat Petroleum Corporation Limited (BPCL), has partnered with UltraCash Technologies to offer voice-based digital payment facility for BharatGas consumers for booking their LPG cylinders.
Through this feature, the consumers who do not have smart phones or internet can book their cylinders and make the payment through the recently launched ‘UPI 123PAY’ option via feature phones. It is estimated that around 40 million rural subscribers of BharatGas stand to benefit from this service.
BPCL is the first company in India to offer their service to consumers after RBI announced the launch of UPI 123PAY last week. (See our story: Now, you can do UPI payments from a basic phone )
UltraCash is a mobile payment application developed by UltraCash Technologies Pvt. Ltd. and authorized by National Payment Corporation of India (NPCI). The collaboration with Ultra Cash enables BharatGas customers to call common number 080 4516 3554 from a non-internet phone and book BharatGas cylinder for themselves or for their friends in easy steps in a secured manner. During the month preceding the launch, more than 13,000 BharatGas customers transacted for more than Rs 10 million , which indicates that Rs. 1 billion worth transactions in next twelve months could be anticipated.