Partnerships / Acquisitions

Mastercard Announces Masterpass Partnership With Phillips 66

Mastercard announced news on Monday (April 9) that Phillips 66 will integrate Masterpass into its My Phillips 66 App later in 2018.

In a press release, Mastercard said Masterpass will enable customers of Phillips 66 to securely and easily pay at the pump within the My Philips 66 App. fuel. With the payment service, all information is stored securely, including card details, shipping information and payment preference, which makes getting gas into the tank the only thing consumers have to think about.

“With Masterpass integrated into our Phillips 66, Conoco and 76 apps, consumers will enjoy a simple and secure fueling experience,” said Rod Palmer, general manager, Marketing Services for Phillips 66. “Masterpass will give our consumers more choice when buying gasoline and goods at Phillips 66, Conoco and 76 branded sites.”

Mastercard noted that via the Phillips 66 App, Masterpass will soon be accepted at the more than 6,500 Phillips 66, Conoco and 76 locations in the U.S.

“We are delighted to partner with Phillips 66 to reduce friction in travel,” said Linda Kirkpatrick, EVP, U.S. Merchants and Acceptance, Mastercard, in the same press release. “With the integration of Masterpass into the My Phillips 66, My Conoco and My 76 apps, we will enhance speed and security for consumers and allow them to fuel up and get back to their day.”

Mastercard’s deal with Phillips 66 is just the latest in a string of partnerships for the company. Late last year, Mastercard and Scotiabank announced that Scotiabank customers now have access to fast and secure online payments via Scotiabank Masterpass. In a press release at the time, the companies said whether paying for food online or shopping for gifts, Scotiabank customers can now use the Scotiabank Masterpass wallet at thousands of merchants for online and in-app purchases.

“Canadians are increasingly shopping online and expect an experience that is fast, simple and secure,” said Derrick Breau, SVP, Canada Account Management at Mastercard, in the press release. “With Scotiabank Masterpass, Scotiabank customers with credit cards or debit cards will get an easy, intuitive and low-friction shopping experience at leading merchants. It enables consumers to pay for the things they want with the security they demand.”

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