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ExxonMobil Pumps Up Contactless Payments

Raymond Pucci by Raymond Pucci
October 26, 2020
in Analysts Coverage, Contactless, Merchant, QR Codes
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ExxonMobil Pumps Up Contactless Payments

ExxonMobil Pumps Up Contactless Payments

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More fuel pumps are getting in on the contactless payment action. ExxonMobil is now fueling a dual function pay option via NFC (Near Field Communication) or QR code. A driver’s smartphone will handle either payment type and help speed up the transaction when tanking up.

Even faster is Exxon Mobil Rewards+ mobile app, which enables payment from within the car and gives loyalty points as well. Contactless pay is gaining traction as more consumers are becoming familiar with it. And it will someday becoming part of muscle memory similar to pulling out plastic from your wallet.

The following excerpt from a CStore Decisions article reports more on the topic:

To meet consumer demand for mobile payment options, ExxonMobil is rolling out a new two-in-one contactless payment solution using Near Field Communication (NFC) technology and QR codes.

More than 11,500 Exxon and Mobil stations across the U.S. will have this new technology at gas station pumps by end of year to enable customers to ‘point and pay’ using their smartphones.

Here’s how the technology works:

  • Drivers can simply tap their smartphone on the QR code sticker or use the camera to scan the QR code to pay.
  • Then, the customer authorizes payment using Apple Pay, Google Pay or the Exxon Mobil Rewards+ app and selects the fuel grade.
  • For customers who have the Exxon Mobil Rewards+ app, the technology intuitively opens the app to proceed with secure payment.

Overview by Raymond Pucci, Director, Merchant Services at Mercator Advisory Group

Tags: ExxonMobile
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