Monday, June 3, 2024

Ongo Commences Testing Of Voice-Controlled Fueling With AI Assistant On Its App To Provide An Enhanced Fuelling Experience

AGS Transact Technologies Limited’s (BSE: 543451 & NSE: AGSTRA) digital payments platform, Ongo, today announced that it has commenced testing of voice-controlled fueling feature in its mobile application. Currently in the pilot phase, Ongo is leveraging the power of Artificial Intelligence (AI) to empower its users to seamlessly fuel their vehicles with a simple voice command.

With Ongo's AI Assistant integrated into the app's functional flow, users can initiate the fueling process remotely using a voice command, without the need for any physical interaction. The AI Assistant, powered by Natural Language Processing (NLP), comprehends user commands effortlessly, making the experience intuitive and hassle-free. The users can activate the voice assistant from the home screen on the app, state the vehicle and preset amount, and the AI-assistant will do the rest. 

The seamless integration of voice commands into the Ongo app represents a significant step forward in the evolution of AI-driven solutions. It not only simplifies the refueling process but also enhances overall user satisfaction and efficiency.

Earlier this year Ongo initiated a pilot test program for an open loop Contactless fuelling solution on its app, on-boarding more than 1000 fleet vehicles. The estimated market potential for fleet fuelling alone is Rs 1.6 lakh crore annually.

‘Ongo’ is a non-bank Prepaid Payment Instrument (PPI) issued by AGS Transact Technologies Limited’s wholly owned subsidiary India Transact Services Limited. The Ongo app can be downloaded from iOS and Playstore.

About AGS Transact Technologies Limited (AGSTTL)

Established in 2002, AGS Transact Technologies Limited (BSE: 543451| NSE: AGSTRA) is one of the largest integrated omni-channel payment solutions providers in India in terms of providing digital and cash-based solutions to banks and corporate clients. AGS Transact provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets. The company operates in three broad business segments, namely, Payment Solutions; Banking Automation Solutions; and Other Automation Solutions.

Ongo is a fast-growing omnichannel digital payment platform by AGS Transact Technologies, which offers convenient payment solutions. Launched in 2015, Ongo offers merchant Acquiring and Prepaid Issuance services. Ongo is a non-bank prepaid payment instrument and offers dedicated open-loop Prepaid solutions for consumers in segments.

AGS Transact Technologies serves diverse industries such as banking, retail, petroleum, toll and transit, cash management and fintech in India and other select countries in Asia. As of March 31, 2024, the company has deployed 2,48,585 payment terminals and was one of the largest deployers of PoS terminals at petroleum retail outlets in India, having rolled out 41,756 terminals at various petroleum retail outlets.  

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