Gilbarco Veeder-Root, PayPal Working to Simplify Paying at Pump

Initial effort will launch PayPal payment capability to retailers with Passport

GREENSBORO, N.C. -- Gilbarco Veeder-Root has announced that it is working with PayPal on digital payment and other mobile solutions to be offered to Gilbarco customers worldwide. The initial effort will launch the PayPal payment capability to retailers with Passport point of sale.

Future developments will bring PayPal solutions to Gilbarco's growing suite of media and merchandising applications.

"Our customers recognize PayPal as a global leader in digital payment, and we are excited to work with them on this innovative payment solution and to collaborate on a number of other retail initiatives," said Mike Schulte, president of Gilbarco North America. "The PayPal mobile solution will be a cornerstone of our suite of retail applications."

This collaboration enables retailers to connect more effectively with customers and simplifies the way people pay for fuel and purchase in-store items. Once fully integrated with Gilbarco's other products, such as Applause TV, it has the potential to provide retailers with an unparalleled communication channel to drive loyalty and higher sales.

"PayPal wants to be where consumers shop every day and by collaborating with Gilbarco, one of the leaders in the convenience store and fuel industry, it has the potential to put us into thousands of locations," said Don Kingsborough, vice president of retail services for PayPal. "We want to help consumers save time and money, while helping the convenience store industry drive loyalty in the store and at the gas pump."

Greensboro, N.C.-based Gilbarco Veeder-Root is a worldwide technology leader for retail and commercial fueling operations. It offers a broad range of integrated solutions from the forecourt to the convenience store and head office.