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Gilbarco and PayPal Bring Mobile Payments to the Pump
February 18, 2013
Gilbarco Veeder-Root and PayPal have teamed up to make PayPal an accepted payment method at tens of thousands of fueling stations around the U.S. Gilbarco said the move will allow retailers to connect more effectively with customers and simplify the way people pay for fuel and purchase in-store items. Through the partnership, Gilbarco gains access to a new user base--PayPal’s 125 million global users and the 55 million Americans who use a PayPal account right now, while also giving merchants using Gilbarco's equipment the ability to sell additional items through PayPal Wallet.
Kareem Al-Bassam, director of business development for POS at PayPal, said fleet and passenger vehicle drivers along with merchants will benefit from the partnership. “By leveraging PayPal and leveraging mobility, we see that these merchants will be able to sell more – sell the carwash, as an example, on the app, or sell in-store products or sell products that are sitting in the forecourt that a consumer can grab-and-go with," he said.
The initial effort will launch the PayPal payment capability to retailers with Passport point-of-sale. Future developments will expand Gilbarco's use of PayPal solutions to its other applications. Mike Schulte, president of Gilbarco North America, said, "The PayPal mobile solution will be a cornerstone of our suite of retail applications."
Photo Credit: leaf/bigstock.com
This article originally ran in NATSO News Weekly (NNW), NATSO's member only weekly electronic newsletter. NNW is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry.
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