FIS Teams up with SAP to Speed up Mobile Acceptance at the Pump

Banking and payments technology provider FIS will soon enable consumers to pay at the pump from inside their car or through their mobile phone thanks to a technology agreement with European multinational software company SAP.

This agreement will see the integration of the FIS Mobile Payment Enablement Gateway solution with SAP Vehicles Network built on SAP HANA Cloud Platform, accelerating mobile payments at the pump.

The integration is made possible through FIS’ collaboration with SAP and a leading mobile device manufacturer.

The FIS solution, when used with SAP Vehicles Network, will simplify customer experience by enabling payments from a connected vehicle or mobile device.

Consumers just have to pull up to the pump and pre-authorize payment—the pump is automatically set as soon as the consumer steps out of their car.

Mobile wallet providers, app developers and automotive original equipment manufacturers (OEMs) can also easily connect to the solution, allowing them to offer rewards and loyalty programs and ultimately build customer loyalty and improve the experience.

The integration will also provide merchants with direct payment processing and support other payment processors as a transaction gateway in North America.

Bruce Lowthers, EVP, North American Retail Payments, FIS, commented, “As a global leader in next-generation payments platforms, retail payments and mobile solutions, FIS is poised to deliver technologies and assets that will modernize retail payment acceptance. Our FIS Mobile Payment Enablement Gateway will help facilitate mobile payments for retailers in multiple market segments such as gas stations, convenience stores, parking garages and restaurants, as well as emerging markets such as unattended kiosks. FIS remains committed to leading mobile payment technology solutions and enabling frictionless commerce experiences between consumers and retailers. This technology agreement with SAP is an important step in that process.”