PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

London Bus System to Go Fully Cashless

Tristan Hugo-Webb by Tristan Hugo-Webb
February 5, 2014
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

ExxonMobile Corporation’s private-label payment product, SpeedPass, has been a pay-at-the-pump option since 1997, and a precursor to the expanding world of proximity payments we know today. But now the original RFID keychain device is making way for the realities of mobile applications as Exxon is introducing SpeedPass+ to select markets.

From PaymentsSource:

The mobile app will work with existing technology at the gas pumps, Exxon says. When registering for SpeedPass+, customers link a credit or debit card and decide whether to receive printed receipts after purchasing gas. The app can link to any payment card.

One barrier to Exxon mobile payments that hasn’t been mentioned is flammability, which was an issue for the company. Exxon had to remove warnings stickers from their pumps that cautioned consumers against using mobile device because it has been deemed safe to do so. Exxon offering incentives such as 15 cents savings per gallon should help quell any fire concerns for most consumers. The company also can attract more users now can link SpeedPass+ to any existing account, whereas it was previously linked to a private-label credit card.

Click here to read more PaymentsSource. Visit the PaymentsJournal Mobile Payments Strategy Session.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023
    cross-border payments

    How to Implement Effective and Innovative Cross-Border Payment Strategies

    January 24, 2023
    credit card experiences, digital payments, b2b payments

    Will Consumer-to-Business Payment Trends Drive B2B Global Growth in 2023?

    January 23, 2023
    Faster Payments Faster Identity Verification, connected car, payments

    2023 Predictions: Authentication, Digital Identity, and In-Car Payments

    January 20, 2023
    bank data

    Interconnectivity, Data Sharing, and Security Are Vital for Banks to Thrive

    January 19, 2023
    B2B Payments, cryptocurrency

    Crypto as a Practical Solution to B2B Payments

    January 18, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Brighterion eBook - The power of today’s market-ready AI to reduce transaction fraud