Northern California initiative brings fast and more secure payment
method to more than 20 Chevron stations
SAN RAMON, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--
Visa Inc. (NYSE:V) and Chevron U.S.A. Inc. (NYSE: CVX) today announced
they will launch a mobile payments program at more than 20
Chevron-branded stations, accepting any NFC (near-field communications)
payment service. The program, launching later this fall at select
Chevron stations in San Francisco and Silicon Valley, will offer
consumers a simple and more secure way to pay at the pump
with a range of mobile payment services. Already, an estimated 80
percent of Chevron customers in the U.S. pay for gas at the pump using a
credit or debit card.
“Mobile payments are moving into the mainstream in the U.S. because,
more and more, consumers see the value of using their personal devices
to purchase everyday items like groceries and gas,” said Jim McCarthy,
executive vice president of innovation and strategic partnerships at
Visa Inc. “Chevron has always focused on giving their customers great
experiences by offering convenient ways to pay and being committed to
protecting against fraud. For this reason, they are who we want to help
us broaden both the reach, and consumer understanding of the many mobile
payment options in the market today.”
“We are continually looking for ways to improve the customer experience
at our stations and further expand our offering of mobile payment
solutions at the pump,” said Glenn Johnson, general manager, Americas
Products marketing sales and services, Chevron. “This new program with
Visa further solidifies our commitment to delivering high-quality
products and services in a more secure and convenient environment.”
As the payments industry increasingly shifts from plastic to digital,
new technology advances from Visa and its partners are helping merchants
like Chevron and its retailers offer their customers a simple and more
secure purchasing experience, regardless of where they are and what
device they are using. With security at the core of the mobile
purchasing experience, Chevron customers can feel confident that
each transaction is authorized through the Visa Token Service, which
uses a unique digital identifier to process consumer payments without
exposing actual account details.
“With my travel and training schedule, I rely on my mobile phone to do
so much more than keep in touch with friends, family and fans,” said
Carli Lloyd, soccer champion. “Even better, is when I can use my phone
to do something faster, like paying for something with just a tap.” To
see Carli pay at the pump, please visit: https://youtu.be/4S6CJE2uSac
About Chevron
Chevron Corporation is one of the world’s leading integrated energy
companies. The company is involved in virtually every facet of the
energy industry. Chevron explores for, produces and transports crude oil
and natural gas; refines, markets and distributes transportation fuels
and lubricants; manufactures and sells petrochemicals and additives;
generates power and produces geothermal energy; and develops and deploys
technologies that enhance business value in every aspect of the
company’s operations. Chevron is based in San Ramon, Calif. More
information about Chevron is available at www.chevron.com.
About Visa Inc.
Visa Inc. (NYSE:V) is a global payments technology company that connects
consumers, businesses, financial institutions, and governments in
more than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world's most advanced
processing networks — VisaNet — that is capable of handling more than
56,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa's innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, pay ahead of time
with prepaid or pay later with credit products. For more information,
visit usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151006005828/en/
Source: Visa Inc.