Advertisement

Partnership Enables Isis Mobile Payments at the Pump 

Aug. 2, 2012

Mobile payments company Isis this week disclosed that two top manufacturers of fuel pumps will begin integrating support for the joint venture’s mobile contactless payment capability into their equipment. Wayne and Gilbarco Veeder-Root will begin installing the pumps at selected retail fuel locations in Austin, Texas and Salt Lake City, Utah, where Isis will be rolling out its mobile payment solution first.

“The gas pump is one of the most frequented point-of-sale environments, and a critically important addition to the mobile commerce marketplace,” says Scott Mulloy, CTO of Isis. “[R]elationships with market leaders Wayne and Gilbarco Veeder-Root…[create] an important opportunity for convenience stores to enhance the customer experience, thereby increasing loyalty and in-store traffic.”

Isis has based its mobile payment solution on NFC technology that will enable consumers to tap their phones on a reader at the POS to make credit-card payments. After considerable hype in the media, however, the timeline for widespread adoption of NFC continues to be pushed into the future.

Regardless of any delays, though, the pump manufacturers are believers in the technology, according to Paul de la Port, vice president of products for Wayne.

“Integrating the Isis SmartTap mobile commerce application will open entirely new payment, loyalty and promotional opportunities for consumers and fuel retailers using Wayne dispensers and technologies,” says de la Port. “We believe the simplicity and convenience of mobile commerce will have enormous appeal for consumers and retailers alike.”

 Average 5 out of 5
 Your Rating:
Your Review:
  



      SHAZAM


  • ZooZ Nets $2 Million in New Financing - April 25, 2013
    The company said it will use the proceeds of the financing to “add new product functionality, increase traction with retailers, solidify new partnerships, and otherwise build its presence” in the global payments market.
  • PayPal Q1 Revenue Up 20% - April 22, 2013
    PayPal parent eBay reported first-quarter earnings late last week and said payment volume processed by the unit rose 22 percent from the same period a year earlier to $41 billion. Revenue also increased, up 20 percent year-over-year to $1.5 billion.
  • Zipmark Enables Digital Checks - April 18, 2013
    Zipmark, a New York City-based startup enabling businesses that typically accept paper checks to accept e-checks online and via mobile, has partnered with Rearden Commerce to enable B2B online payments.


     PV

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here