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PetroNet Smart Network Company KSCC (PetroNet) was initially introduced to the Kuwaiti market as a division under ROBINCORP during Q4 of 2001. PetroNet operates an electronic payment network that covers the retail fuel industry in the State of Kuwait under a licensed permission from the Ministry of Power to operate jointly with Kuwait National Petroleum Company.
PetroNet provides card payments services for financial institutions, merchants, consumers, businesses, and government entities. The company offers debit, credit, and prepaid payment platforms for its customers using the latest, safe, secured, and convenient ways of payments. The company has been recognized as a pioneer based on the fact that it was the first to introduce the smart card payment platform into Kuwait and amongst the first in the region. —Preceding unsigned comment added by Akabulhasan (talk • contribs) 18:20, 12 January 2010 (UTC)[reply]