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GREENSBORO, N.C. -- Gilbarco Veeder-Root is adding mobile wallet payment technology to its Encore fuel dispenser line. Based on Near-Field Communications (NFC) standards, the technology allows customers to access their credit, debit and loyalty cards via mobile phone applications.
Mobile wallets could dramatically change the way consumers make payments at gas stations and convenience stores. Google, Isis (a joint venture of Verizon, AT&T and T-Mobile), PayPal, Visa and others have jumped on board and will offer mobile wallet products, according to Gilbarco's announcement.
"Adding the advantages of the mobile wallet to both the forecourt and in-store point of sale positions convenience store retailers to enhance the consumer experience," said Richard Browne, Gilbarco's vice president of marketing for North America. Jaymee Johnson, head of marketing at Isis, added that convenience stores and gas stations represent a large market for mobile wallets. "Isis and NFC will unlock new levels of functionality to help retailers improve their businesses and connect with consumers in new and exciting ways," he said.
Gilbarco will demonstrate its new mobile wallet technology at next week's NACS Show in Chicago.