Apple Pay

Apple Pay Stretches Into Thousands Of Exxon Stations

A few weeks ago, we reported that Apple Pay was getting a test drive in ExxonMobil’s Speedpass+ app, with Apple Pay users in limited locations now able to tap and go to pay for their gas.

It seems the service is now ready to pull out into regular traffic, as reports broke yesterday (March 8) that ExxonMobil will be rolling out Apple Pay at more than 6,000 gas stations nationwide.

And though it will be real world — and highly habit-forming — commerce, it will not be via the tap-and-pay method that is, generally speaking, the hallmark of physical retail that Apple Pay uses. The ExxonMobil integrations instead capitalize on Apple Pay’s use as an in-app payment method.

To pay at the pump with Apple Pay, users must download the ExxonMobil Speedpass+ app. When drivers roll up to an ExxonMobil station, the phone knows where it is and lets users select a pump number, or they can use the app to scan a code on the pump. From there, it is gas pumping as normal, followed by authorizing payment with Apple Pay.

Then, drive off, confident in mobile payments victory. Or go get a carwash. According to reports, that is also possible.

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LATEST PYMNTS REPORT: MARCH 2020 B2B API TRACKER  

B2B APIs aren’t just for large enterprises anymore — middle-market firms and SMBs now realize their potential for enabling low-cost access to real-time payments and account data. But those capabilities are only the tip of the API iceberg, says HSBC global head of liquidity and cash management Diane Reyes. In this month’s B2B API Tracker, Reyes explains how the next wave of banking APIs could fight payments fraud and proactively alert middle-market treasurers to investment opportunities.

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