Mashreq & ENOC team up to offer cashless payment for fuel purchase
Mashreq bank has teamed up with Emirates National Oil Company (ENOC) with the aim of offering payment acceptance for the new Vehicle Identification Pass (ViP) service introduced by ENOC.
The payment solution available on the ViP Online Portal allows ENOC and Mashreq employees to top up their ViP account and make cashless payments for their fuel purchase. As the Radio Frequency Identification (RFID) technology will automatically identify the car and deduct the cost of fuel from the ENOC VIP account, customers need not pay using cash or a credit card.
Thus, this pre-paid system allows vehicle owners to drive into any ENOC service station, have the attendant refuel their vehicles and drive off, thereby enabling customers save time and manage fuel budgets.