Technology/Services

Gilbarco and Patriot Capital Offer Incentives for EMV Upgrades

Up to $13,000 available per site

GREENSBORO, N.C. -- Gilbarco Veeder-Root and Patriot Capital are launching a limited-time incentive program to help convenience-store operators upgrade their sites to EMV. The program offers c-store retailers incentives of up to $13,000 per site.

The new program provides three levels of incentives around Encore 700 S dispensers, the Passport Point-of-Sale system, the Impulse upselling solution, and financing from Patriot Capital. The limited-time incentives total up to $13,000 per site, with additional incentives available for alternative site configurations or for retailers upgrading to Passport PX-60. Other restrictions may apply.

“We are excited to offer retailers the opportunity to achieve three objectives—growing their profits, improving protection of payment information and the security of their fuel” said Mark Williams, vice president of marketing, Gilbarco Veeder-Root. “Improving a customer’s fueling experience and marketing helps drive both gallons and in-store sales.”

“C-store owners have many options for growing their businesses,” said Chris Santy, president of Patriot Capital. “Many retailers are looking to upgrade to EMV for both security and an improved consumer experience. This program enables retailers to use financing to match their investment with the business benefits they are targeting.”

Retailers installing new Encore 700 S dispensers are eligible to benefit from Section 179 tax incentives in 2017 for equipment installed by Dec. 31.

Interested retailers may contact their Gilbarco authorized distributor or may visit PCCApply.com and complete a one-page credit application.

Greensboro, N.C.-based Gilbarco Veeder-Root is a technology provider for retail and commercial fueling operations, offering a range of integrated solutions from the forecourt to the convenience store and head office. Major product lines include: fuel dispensers, pump media, point-of-sale systems, payment systems, tank gauges, software development and integration, fleet-management systems and nozzles.

Patriot Capital, a division of State Bank and Trust Co. based in Baltimore, provides equipment financing in the retail and commercial fueling verticals and other retail and manufacturing industries. Working with its customers to enable them to optimize their financing and capital structures, Patriot Capital is a provider of capital equipment financing and leasing to members of the National Association of Convenience Stores (NACS) and the Society of Independent Gasoline Marketers of America (SIGMA).

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