Egyptian e-payment Octane facilitates EGP 1 bln fuel sales in one year

The fuel sales were accomplished through processing over 800,000 transactions and fueling 75,000 vehicles from more than 500 clients in various sectors within just one year of its operations, the company said in a statement on Sunday.

“Octane team is on a mission to reshape the fleet payment industry in Egypt and the Middle East…As we enter 2024, Octane remains committed to transforming the fleet management and vehicle payments industry and introducing groundbreaking products and features that will revolutionize the landscape in Egypt and the Middle East,” Octane’s CEO Amr Gamal said.

“Our comprehensive system -- which controls fuel expenses, facilitates digital payments for daily fleet operations, and provides fleet performance analytics through live monitoring -- our focus on delivering top-notch customer service, and the efforts of our dedicated team were the main reasons behind this great achievement,” Co-Founder and CCO of Octane Ziad El-Adawy noted.

Octane is a digital vehicle system that enables companies to save, track, and optimize fleet expenses. It offers a secured digital monitoring process to track fuelling operations and the best prices for services, lubes, spare parts, and tires. In addition, it provides a wide range of products for vehicles.