Verifone customers, it’s your turn to help lead the fuel payment revolution with PayPal and Venmo. Your site(s) can now accept payments through the native PayPal and Venmo apps, opening your business to over 432 million loyal users. Our branded sites are the first fuel suppliers in the industry to offer these payment types and with recent advancements to these native apps, including cryptocurrency use, your site(s) will be one of the first gaining access to a rapidly evolving consumer base.
The cryptocurrency adoption skyrocketed in 2021 with an 880% adoption rate – and the adoption of the native PayPal and Venmo apps allows you to tap into this growing market of consumers. With PayPal and Venmo’s recent updates to allow cryptocurrency exchange through their apps, they have broken ground on making currencies like Bitcoin an accessible and simplified process for new users which can then be used to make purchases at participating businesses. These native apps also allow users to exchange payments between family and friends while saving funds within the apps that can then be used for fill-ups, c-store snacks and more at your site(s).
Questions about how cryptocurrency works through these apps? Check out this article from NASDAQ.
So, how do consumers make purchases through these apps?
Use of the native PayPal and Venmo apps is as easy as 1-2-3 for consumers:
- Open their PayPal or Venmo mobile app.
- Look for the “Scan” icon to retrieve their barcode.
- Select “Show to Pay” and display the barcode to the cashier.
For a full understanding and frame-by-frame walkthrough of how consumers will make purchases at your sites through these apps, share this training guide with your employees to ensure everyone at your site(s) can assist consumers with future transactions. In addition to this guide, you will be receiving signage the first week of April to display at your site(s) letting consumers know about the new payment methods available. Be sure to put these POP materials out as soon as they arrive, as advertising at your site(s) can help attract new consumers intrigued by the ability to make fuel purchases through these apps.
Gilbarco customers: Are you ready to step into the future? Follow these instructions to make sure your site(s) are ready for this transition.
Radiant customers: Next steps for your site(s) will be coming soon so stay tuned to Weekly Fill-Up for more information in the coming months.
