In a strategic move aimed at transforming fuel transactions and optimizing logistics operations, TrucksUp has partnered with Indian Oil Corporation Limited (IndianOil) to launch the XTRAPOWER-Fleet Card. This smart fleet card brings a tech-enabled solution to India’s logistics sector, targeting improved efficiency, greater transparency, and substantial cost savings. With this collaboration, both companies reaffirm their commitment to digital innovation in fleet and fuel management.
The logistics sector in India, which forms the backbone of trade and distribution, often struggles with cash-based fuel payments and fragmented fleet operations. To address these pain points, TrucksUp and IndianOil introduced the XTRAPOWER-Fleet Card, a multi-functional digital payment system designed specifically for logistics firms and fleet operators. This initiative marks a significant step toward streamlining one of the most critical yet challenging components of logistics — fuel management.
Seamless Digital Payments for Fleet Operators
The XTRAPOWER-Fleet Card enables logistics companies to conduct secure and fully cashless fuel transactions at IndianOil outlets across the country. This not only minimizes reliance on physical cash but also enhances transparency and safety in fuel-related expenditures.
By shifting to digital transactions, fleet operators gain better control over fuel costs and eliminate discrepancies associated with cash handling and fuel pilferage. Furthermore, the system allows real-time tracking and record-keeping, which ensures accountability in every transaction.
Extensive Network and Multiple Transaction Modes
One of the most attractive features of the XTRAPOWER-Fleet Card is its widespread acceptability across over 40,000 IndianOil fuel stations in India. As a result, fleet owners and drivers no longer face challenges in locating compatible fuel outlets during long hauls or remote deliveries.
Moreover, the fleet card supports a variety of transaction modes including chip card swipes, mobile-based operations, and RFID-enabled systems. This versatility ensures seamless usage and accommodates diverse user preferences and technological familiarity.
24/7 Recharge Convenience for Better Cash Flow
Another significant benefit of the XTRAPOWER-Fleet Card is the flexibility it offers in terms of recharge options. Fleet owners can easily top-up the card anytime using multiple digital payment methods such as RTGS, NEFT, IMPS, UPI, credit cards, debit cards, and internet banking.
This round-the-clock recharge capability ensures uninterrupted operations, especially during peak logistics hours or during unexpected route expansions. It also provides companies better control over their cash flows and working capital.
Cashback Rewards and Loyalty Benefits
To further increase value for logistics firms, the fleet card offers an attractive rewards program. Users receive 0.40% cashback on every transaction conducted through the card. These reward points are redeemable for fuel and additional benefits, making the program economically appealing for regular users.
With every refill and transaction, logistics companies can accumulate loyalty benefits that contribute to overall savings, especially in large-scale or high-frequency fleet operations. This makes the card not only a utility tool but also a financial asset.
Additional Financial and Safety Support
Beyond fuel payments, the XTRAPOWER-Fleet Card extends several other advantages including credit facilities through India’s leading banks and NBFCs. This credit support allows logistics firms to manage operations without immediate liquidity constraints.
Additionally, the program offers accidental insurance coverage for the driver and one accompanying staff member while on duty. This safety feature adds a crucial human welfare element to the digital solution, safeguarding the lives of those powering the logistics movement.
A Step Forward for India’s Logistics Ecosystem
With the XTRAPOWER-Fleet Card, TrucksUp and IndianOil have addressed a long-standing need in the Indian logistics sector. By digitizing fuel payments, simplifying fleet management, and offering financial perks, this partnership empowers transport businesses to operate more efficiently and securely.
As the logistics industry continues to modernize, such initiatives will play a vital role in accelerating India’s supply chain transformation and economic resilience.
