Speeding Through The Gas Pump - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Speeding Through The Gas Pump

Expect more radio frequency devices at your neighborhood gas station--and at a fast-food joint near you.

The ExxonMobil Speedpass was the first radio frequency device to automate payment at the gas pump--and it's owned the market ever since. But Wednesday, Phillips 66 Co. will begin testing its own RFID system--the PhilPASS--at 20 company-owned stations in the Kansas City area.

Shell Canada already has debuted its easyPAY system in six cities north of the U.S. border, while Shell in the United States has rolled out easyPAY in the Indianapolis and Cincinnati markets.

All three systems come from the same supplier, Texas Instruments Inc., and work the same way. Pre-registered customers simply wave a one-inch transponder in front of an antenna to identify themselves and charge their purchases to a credit card.

ExxonMobil has close to 5 million customers now using the Speedpass to pay for gas and goodies at 3,500 Mobil stations, and it's rolling out the technology at 1,800 Exxon stations as well.

The RFID market has grown beyond gas stations to include fast-food retailers. McDonald's has been testing various forms of RFID devices, including the Speedpass, in pilots across the nation; and Tricon Restaurants' Kentucky Fried Chicken and Taco Bell outlets are beginning a test of RFID technology from independent supplier 2Scoot.

Waving a wand is quicker than swiping a credit card and cleaner than anteing up cash--a definite selling point to customers who are about to eat a Big Mac with their hands, believers say. And because these micropayment systems aggregate charges until they hit a given amount--usually $25--before posting them on a credit card, they cut the credit cost to the merchant from about 30 cents to about a dime.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How to Create a Successful AI Program
Jessica Davis, Senior Editor, Enterprise Apps,  10/14/2020
News
Think Like a Chief Innovation Officer and Get Work Done
Joao-Pierre S. Ruth, Senior Writer,  10/13/2020
Slideshows
10 Trends Accelerating Edge Computing
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/8/2020
Register for InformationWeek Newsletters
Video
Current Issue
[Special Report] Edge Computing: An IT Platform for the New Enterprise
Edge computing is poised to make a major splash within the next generation of corporate IT architectures. Here's what you need to know!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll