South Korean S-Oil teams up with telco KT to launch smart petrol stations

S-Oil has partnered with South Korean telecommunications firm KT to offer smart payments solutions at petrol stations and transform business using Internet of Things (IoT) and big data.

KT’s ‘Connected Car Commerce’ solution will enable automatic in-car payments using a smartphone app, making refuelling faster and more convenient.

In addition, the partnership, reports Korea IT Times, will contribute to making gas station operations more efficient. KT’s platform-based solutions such as IoT display board and big data technology will help S-Oil stations adapt its strategy to consumers’ evolving needs.

S-Oil will soon launch these innovations at some gas stations and gradually expand them to its network of 2,400 stations in the country, reports Pulse News.