Mobile Payments

Mastercard And Gulf Partner To Power Payments At The Pump

Gulf Oil’s new Gulf Pay app has a Masterpass-shaped update coming its way.  Mastercard has formally announced plans to integrate its digital payments platform into Gulf’s new mobile payment play.

The Gulf app is powered by P97’s PetroZone mobile commerce platform — and comes loaded not just to buy gas, but also help consumers find the nearest Gulf station. The Gulf Pay app will also have the distinction of working both at the pump and in store.

Masterpass will be embedded within Gulf Pay as a payment method and will store all payment information — including card details, shipping information, and payment preferences — in one convenient location.

Gulf Pay is not quite live yet — a pilot of the program will be online in the New England and New York markets as of spring of this year.

“We know that consumers want to fuel up quickly and be on their way, so we’ve partnered with P97 and Gulf to deliver a frictionless payment experience to get people back on the road as fast as possible,” said Linda Kirkpatrick, executive vice president, Merchants & Acceptance, Mastercard. “The fuel category is a great example of where Masterpass can deliver the speed a consumer wants with the security they’ve come to expect from Mastercard.”

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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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