Chevron and Visa are launching a mobile payments program at more than 20 Chevron-branded stations, accepting any NFC (near-field communications) payment service.
The program, launching later this fall at select Chevron stations in San Francisco and Silicon Valley, will offer consumers a simple and more secure way to pay at the pump with a range of mobile payment services. Already, an estimated 80 percent of Chevron customers in the U.S. pay for gas at the pump using a credit or debit card.
As the payments industry increasingly shifts from plastic to digital, new technology advances from Visa and its partners are helping merchants like Chevron and its retailers offer their customers a simple and more secure purchasing experience, regardless of where they are and what device they are using. With security at the core of the mobile purchasing experience, Chevron customers can feel confident that each transaction is authorized through the Visa Token Service, which uses a unique digital identifier to process consumer payments without exposing actual account details.
For data, background and forecasts on Visa & NFC: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).