View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Company news
March 2, 2015

BP upgrades credit card processing technology

Oil and gas company BP has unveiled several improvements to its credit card processing technology and Driver Rewards loyalty program to help BP-branded merchants meet consumers’ evolving payment and card security needs at the pump.

By Verdict Staff

Oil and gas company BP has unveiled several improvements to its credit card processing technology and Driver Rewards loyalty program to help BP-branded merchants meet consumers’ evolving payment and card security needs at the pump.

The company’s new site technology platform will enhance four components of BP’s existing technology infrastructure, namely electronic payment server (EPS), forecourt controller (FCC), point-of-sale system (POS), PIN pads and network.

The platform, accessible from 15 April 2015, will enable BP marketers to process new payment options including EMV cards with plans to incorporate mobile payments acceptance in the future.

The company will launch the improvements to its free Driver Rewards program, in collaboration with its new credit card partner Synchrony Financial, on 18 May 2015.

BP marketing director of product and offer development Helen Fitzpatrick said: "This technology also gives us the opportunity to further improve our capabilities for customers now and in the future as the demand for flexible payments, security and technology upgrades continue to grow."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU