Shell to Accept Chase Pay
Will offer the mobile-payment service at nearly 15,000 gas stations
HOUSTON -- Shell has signed a multiyear agreement with Chase to accept Chase Pay at all Shell gas stations in the United States.
Chase Pay lets Chase credit and debit customers pay at the pump, in stores, online and within an app. Chase Pay is designed to help Shell transform its customer payment and loyalty experience by enabling a mobile payment solution and driving Fuel Rewards program participation, the company said.
In 2013, Shell and Dallas-based Excentus rolled out the Fuel Rewards program across the United States. All members save at least 3 cents per gallon on every fuel purchase. Average member savings are 22 cents per gallon, the company said.
“We recognize consumers are looking to mobile solutions for everyday needs, including shopping, travel, restaurant reservations and more,” said Craig Schneider, Shell general manager and vice president of retail marketing for North America. “Adding Chase Pay to the multiple payment methods Shell accepts will deliver a simplified, differentiated and personalized customer experience while driving loyalty.”
Chase Pay, which eliminates merchant fraud liability because it runs on a closed-loop platform called ChaseNet, is live with select e-commerce merchants and will be available later this year for Chase customers to use at participating merchants’ registers and in apps.
Shell is the largest fuel retailer in the United States, and Chase is the largest U.S. credit-card issuer based on loans outstanding.
New York-based Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co.
Houston-based Shell Oil Co., an affiliate of Royal Dutch Shell plc, is a leader in the refining, transportation and marketing of fuels. It has a network of approximately 6,100 branded gas stations in the western United States. Shell Oil is a 50% owner of Motiva Enterprises LLC, along with Saudi Refining Inc. Motiva refines and markets branded products through more than 8,300 Shell-branded gas stations in the eastern and southern United States.