MEE launches its Wallet App

The MEE Wallet App has been launched by Shri Ratan P. Watal, Member-Secretary, Economic Advisory Council to Hon’ble Prime Minister, & Principal Advisor, Niti Aayog, at the MEE fuel station, Khalapur, near Mumbai. Shri K. Rajeshwara Rao Advisor, Economic Advisory Council, graced the occasion.

Fuelling industry has been traditionally a cash transaction-based industry. In the past decade, companies have tried to shift to non-cash / digitized route with introduction of fuel cards and EDC machines but none of them were able to build an entire end-to-end digitized process. First in the country, MEE fuel stations are unique as they offer complete user control, providing a fully automated fuelling experience where every drop filled is accounted for because of end-to-end automation implemented by MEE. There is quantity as well as quality assurance, personalized and priority services and user control through the MEE Wallet App, enabling the consumers to load, fuel and track the billing and usage on the phone, eradicating the filler – driver syndicate or other ways of pilferages and fuel adulterations.

MEE Wallet app facilitates completely cashless fuelling, self-service and end-to-end user control at the fully digitized MEE fuel station.

MEE fuel stations will retail the company’s flagship renewable fuel for diesel engines, Indizel. Indizel is an ultra-premium renewable fuel that complies with EN 590 and BIS 1461 quality standards and BS VI and EURO 6 emission norms. Being EN 590-compliant, Indizel can be used in all diesel engines without any engine modification or blending limits, ensuring engine warrantees. It is the most efficient and cleanest fuel for diesel engine available in India outperforming all traditional and premium diesel fuels, in power, performance, mileage, engine life, economy and emissions.

As per the latest amendment to the National Policy on Biofuels in May 2018, Indizel falls under the category of drop-in fuel for diesel engines.

Priced at normal diesel rates, Indizel comes with a GST benefit of 12% for GST-registered customers who can help them save up to Rs.9 per litre. As a special introductory offer, Indizel will be sold at Rs.3/- discounted price as compared to the normal diesel price of each area.

Ratan P. Watal, Member-Secretary, Economic Advisory Council to Hon’ble Prime Minister & Principal Advisor, Niti Aayog, says, “One of the key objectives of Digital India dream is to give end-users complete control of their money, giving them an opportunity to be less dependent on cash and more dependent on technology. This can happen only when the businesses that they interact with are digitized and are aligned to modern technologies. MEE Wallet App is a remarkable step in the path of Digital India and we congratulate My Eco Energy on developing this technology.”

Santosh Verma, Co-Founder, My Eco Energy, says, “MEE is a technology and research- driven company. We strongly believe that there is a solution to all challenges of customers, for which you need to strive hard to find answers. With MEE Wallet App, we are trying to bring about a radical change in cash culture, common in the fuel industry. Cashless transactions and complete user control eradicate a lot of malpractices and gives users an assurance of quality and quantity.”