Hey Ghost, You’re looking for an answer. Read and you’ll understand.

There’s a little economy that exists in this small circle for employees. Employees use these credits to cash them at the end of every month and use them for a wide range of expenses. Some use it for savings, some for expenses, and some for their saving pools called ‘committees’.

Now, here’s the gap that i believe is super important to understand. The intent is not to cash fuel cards and make life changing money. The intent of this launch is to validate the hypothesis that i have in my thought-land about this informal economy.

Maybe I’m right, maybe I’m wrong. Who knows!

Here’s what’s happening right now:

• People go to their selected petrol pumps where they’ll pay some fuel station employee to cash their fuel cards.
• People sell these fuel cards to people online that use it on their behalf and pay them the equivalent amount in cash.
• People ask their company to give them the fuel credits as their transportation allowance. Some companies give that, others don’t. Those who give TA, i have seen them deducting taxes on this allowance.

Why people should/would use this service:

• To cash their fuel cards and save their money instead of wasting it every month.
• Less fuel usage but more money - you’re not using physical fuel but using the money (value) in those credits.
• Simple, Easy, and Hassle-free service.

Main Question: Is it legal?

I’m not in the business of telling others what’s legal & what’s not. But, here’s why i think it’s perfectly fine to cash out your fuel credits.

Consider this as a counter argument:

- Are you using fuel credits out of your designated fuel credit limit? No, you cannot. You are simply utilizing your designated fuel limit efficiently. That’s the end of the argument.

• The vagueness that surrounds the argument of ‘transport & fuel related expenses for company use only’ in fuel credits is simply absurd! A company can’t control where and how people spend their fuel credits. What if an employee fills up his/her car and goes for a Kashmir trip instead of using it solely for customer and market research. You can’t control that because it’s impossible to take control of your employees fuel expenditure. That’s why companies give employees a fixed limit that employees can use- nothing more, nothing less.

Lastly, I don’t have any data to back any idea related claims that the demand for my idea exists or not. I’ll collect MODA (My Own Data). I’ll collect this consumer spending data to mainly do the estimation of how big this informal economy is, how engaged the customers are, how important is the problem for them, and are they willing to pay someone to solve it for them or not. I’ll involve the relevant stakeholders to solve this problem.

Let’s build something people want!

Best, Founder | cyf

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Caution: This experiment is not intended to breach any company policies or contracts. It solely aims to validate market demand for an informal economy. Neither I nor any related parties assume any fiduciary responsibility or obligation whatsoever. Employees of related companies are responsible for their own actions and should review their company policies before participating. This is simply an experiment—nothing more, nothing less.