National
Payment Card Solution on Passport
Gilbarco® certifies
National Payment Card solution on Passport®
Substantially reduces transaction processing fees
GREENSBORO, NC – April 11,
2007 – Gilbarco Inc. has certified an electronic funds payment
service from National Payment Card Association of Boca Raton, FL for use
with the Gilbarco® Passport® point of sale system. National
Payment Card LLC is an electronic funds payment service bureau
that interfaces with point of sale systems. The National Payment
Card service enables consumers to associate their driver’s
license or existing membership card with a bank account so it initiates
payment at the pump or inside the store through the Federal Automated
Clearing House (ACH) system. ACH transactions cost the retailer
significantly less to process than credit card networks. Retailers
can pass along the savings in processing fees to the consumer in
the form of discounted fuel.
The Passport interface to the electronic funds payment
service from National Payment Card enables funds to come directly
from the consumer’s bank account, removing middlemen in the
credit card and debit card networks altogether.
"Credit card fees continue to be a significant
challenge for retailers," said Kirsten Paust, Gilbarco's vice
president of global retail systems. "This solution provides
a less expensive means of accepting payment from customers, and
provides enhanced incentives to motivate customer adoption. This
is exactly what the industry needs to help combat the current fee
issues."
“We have worked closely with National Payment Card in certifying
the system. A key part of our strategy with Passport is to continue
to aggressively build the programs, applications, and solutions
that customers can select from outstanding providers like National
Payment Card,” Paust added. “You will see many more
announcements as we continue to build Passport's list of certified
integration partners.”
“When retailers with Gilbarco Passport pass
along part of the savings to consumers, they create a win/win situation,”
said Danny Portal, vice president and chief technical officer at
National Payment Card. “Recent studies strongly confirm that
consumers want the fuel discounts so they become loyal to the retailer,
visit more often and make additional purchases with the savings.
We also see an outpouring of protest all the way up to Congress
about high processing fees, so our service is truly beneficial to
both the retailer and consumer.”
Passport point of sale with the interface to the electronic
funds payment service from National Payment Card will be on exhibit
at the NACStech show, Gilbarco Veeder-Root booth 143, at Nashville’s
Gaylord Opryland Hotel April 30 – May 2.
About Gilbarco Veeder-Root
Gilbarco Veeder-Root and Gasboy are leading suppliers of integrated
fuel control, site management, and support services for petroleum
marketers and commercial fueling enterprises worldwide. (www.gilbarco.com,
www.veeder.com, www.gasboy.com). For more information visit www.gilbarco.com.
For further information
contact:
Lucy Sackett
Marketing Communications Manager
Gilbarco Veeder-Root
Tel: (336) 547-5607
Fax: (336) 547-5890
e-mail: lucy.sackett@gilbarco.com
About National Payment Card
National Payment Card (www.nationalpaymentcard.com),
based in Boca Raton, Fl, is an innovative marketer of card-based
payment systems. The company’s primary product is the Payment
Card, a retailer branded program that provides consumers access
to funds in their checking accounts so they can pay for goods or
services. The Payment Card is not a credit or debit card, but rather
is processed through the National Payment Card ACH network. A card
can be a loyalty card, a membership card or driver’s license.
National Payment Card has filed a series of patent applications
for methods of payment processing with a driver’s license.
For further information
contact:
Shep Doniger
National Payment Card
561-637-5750
sdoniger@bdcginc.com
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