GREENSBORO, N.C., June 15, 2017 -- Gilbarco Veeder-Root has announced the successful processing of the first US EMV™ “chip” transaction at a fuel dispenser, utilizing Gilbarco’s Passport® Point-of-Sale (POS) and Encore® fuel dispensers on the First Data network (NYSE:FDC).
|
|||||
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e9491ffc-cb96-4d5f-8064-8c348756daa2
Gilbarco’s Passport POS solution is the first POS in the US to process forecourt EMV transactions, leveraging FlexPay™ CRINDS from Gilbarco. Gilbarco expects forecourt EMV payments to quickly begin turning on across the country at the large installed base of FlexPay CRINDS as the software is released for payment networks throughout the year, and as fraud migrates to less secure payment points and security-conscious customers migrate to those sites with enhanced security. The Passport POS system has supported EMV in-store transactions since May 2016. With simple software upgrades, Passport sites can be easily configured and enabled for full EMV transactions at the dispenser for all major card types.
“Gilbarco is proud to continue to lead the market on EMV technologies, both inside the store and at the dispenser. Our customers are looking to enable EMV at the dispenser as soon as possible, to provide the security their customers expect of them, and to get the most of the forecourt EMV hardware investments they’ve already made,” said Mark Williams, Vice President of Marketing, Gilbarco Veeder-Root.
Kamlesh Patel, owner of the 49 Fuels site processing the first US forecourt EMV transaction was eager to enable EMV at the forecourt, stating, “Our dispensers were already EMV-ready, so turning on EMV at the dispenser just required a simple Passport software upgrade. We’ve seen our customers rapidly become accustomed to paying with their chip cards inside the store on our Passport system, and they are quickly expecting to be able to use their chip card at the dispenser, as they know that it gives them additional security.”
For more information about the Fundamentals of EMV, please go to http://www.gilbarco.com/us/learning-center/emv-c-store-retailers.
About Gilbarco Veeder-Root
Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. It offers the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. Major product lines include: fuel dispensers, dispenser media, point-of-sale systems, payment systems, tank gauges, software development and integration, fleet management systems and nozzles.
For further information, contact: Patricia Stancati, Marketing Communications Program Manager Gilbarco Veeder-Root Tel: (336) 547-5121 e-mail: [email protected]


Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Instagram Outage Disrupts Thousands of U.S. Users
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 



