MasterCard fills up on P97 business - Mobile World Live

MasterCard fills up on P97 business

07 OCT 2015

MasterCard formed a global partnership with m-commerce provider P97 for making purchases at petrol stations, in the wake of a similar deal between Visa and Chevron.

The partnership will combine MasterCard’s mobile payments capability with P97’s PetroZone m-commerce platform, which is integrated with existing gas station infrastructure.

It will enable fuel companies to offer innovative apps for consumers to search for, and navigate to, the nearest petrol station, and then make a purchase using their mobile phone. The aim is also to make personalised offers to consumers to encourage in-store purchases.

“We know that when a consumer pulls up to the pump, they are not thinking about making a payment. They just want to get what they need and go as fast as possible,” said Felix Marx, executive vice president of Mobile Transaction Solutions at MasterCard.

“This is one way that we’re helping our customers create safer and richer experiences to deliver exactly that,” he added.

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Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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