Apple Pay App: Chevron Confirms Working With Apple to Integrate Apple Pay at Gas Pumps
Apple is working with companies in the petroleum industry to expand the reach of Apple Pay into U.S. gas pumps, reports Business Insider.
Chevron's official Twitter account confirmed that sentiment yesterday when the company tweeted, "@SingAsana to clarify, Chevron is working alongside Apple to integrate Apple Pay at the pump, but a timeline is not set."
Gas stations would be a major step in the right direction for Apple to make its Apple Pay a convenient replacement for debit and credit cards.
Apple Pay may be available at Chevron gas stations very soon as the company's Twitter account initially posted that they hoped to offer the new payment service at their pumps in early 2015, but then tweeted again an official timeline is not in place.
Apple Pay already works with NFC terminals in several locations and stores. Chevron and Texaco do use NFC terminals, so they technically accept Apple Pay, but paying-at-the-pump would make the transactions much more convenient, reports TechCrunch. NFC terminals built in to the gas station pumps would make fueling up with Apple's online payment solution easier.
Apple Pay is among the most successful mobile payments initiatives despite the fact it launched two months ago. No other offerings have won the favor of such a large majority of consumers, although PayPal has achieved a great deal of success and is Apple Pay's only significant competitor.
TechCrunch reports that Apple Pay snared 1 percent of digital transactions in November, according to research firm ITG.
Meanwhile, the tech giant is in talks with retailers and British banks to launch Apple Pay in the United Kingdom in early 2015. There has been problems-a major British bank is "uncomfortable" with the personal and financial data Apple wants to collect about its customers.
To successfully launch its payment service in the U.K., Apple will need support from major banks and retailers.
* This is a contributed article and this content does not necessarily represent the views of latinpost.com