Coming Soon: Paying For Gas Using PayPal

The company has announced a deal with Gilbarco Veeder-Root, which operates pay-at-the-pump software at convenience stores across the US.

 

What’s the Latest Development?


Drivers may soon start seeing “Pay by PayPal” as an option at their local gas pump, thanks to a collaboration announced today between the online payments site and Gilbarco Veeder-Root, a company that provides gas station checkout software to 19 of the US' top 20 convenience store operators. Over 30,000 point-of-sale (POS) systems have been installed across North America that, as of right now, "will have users paying for their purchases either via QR code, or by entering in their fueling position into a mobile application."

What’s the Big Idea?

The Gilbarco announcement comes on the heels of last month’s deal involving PayPal and POS system developer NCR. That partnership has as its primary focus the restaurant and hospitality sector, but also involves technology solutions for gas stations and convenience stores. With additional partnerships with major retail chains such as JC Penney, Toys "R" Us, and others, PayPal  hopes to go beyond online payments and into real-world mobile payments. The Gilbarco collaboration "has the potential to put us into thousands of locations," says PayPal vice president Don Kingsborough.

Photo Credit: Shutterstock.com

Read it at TechCrunch

Big Think
Sponsored by Lumina Foundation

Upvote/downvote each of the videos below!

As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.

Keep reading Show less
Videos
  • What distinguishes humans is social learning — and teaching.
  • Crucial to learning and teaching is the value of free expression.
  • And we need political leaders who support environments of social peace and cooperation.


10 paradoxes that will stretch your mind

From time-traveling billiard balls to information-destroying black holes, the world's got plenty of puzzles that are hard to wrap your head around.

Big Think
Surprising Science
  • While it's one of the best on Earth, the human brain has a lot of trouble accounting for certain problems.
  • We've evolved to think of reality in a very specific way, but there are plenty of paradoxes out there to suggest that reality doesn't work quite the way we think it does.
  • Considering these paradoxes is a great way to come to grips with how incomplete our understanding of the universe really is.
Keep reading Show less

The philosophy of tragedy & the tragedy of philosophy - with Simon Critchley

Tragedy in art, from Ancient Greece to Breaking Bad, resists all our efforts to tie reality up in a neat bow, to draw some edifying lesson from it. Instead it confronts us with our own limitations, leaving us scrabbling in the rubble of certainty to figure out what's next.

Think Again Podcasts
  • Why democracy has been unpopular with philosophers
  • Tragedy's reminder that the past isn't finished with us
  • …and why we need art in the first place
Keep reading Show less