GasBuddy Unveils Payment Service with WEX
GasBuddy, a smartphone app helping nearly 70 million drivers find the best gas prices, has unveiled Pay with GasBuddy, a new payment service in partnership with WEX that provides U.S. drivers with discounts.
“Today, GasBuddy breaks new ground as a media company building its own proprietary, secure, federated payments network for the more than $315 billion spent on retail gasoline,” said Walt Doyle, CEO of GasBuddy. “The sheer scale and focus of our installed base of nearly 70 million drivers, combined with the value and convenience we’re delivering to the consumer, should make Pay with GasBuddy a very popular choice for U.S. motorists.”
Pay with GasBuddy is the first commercial product delivered from the strategic partnership announced earlier this summer with WEX, a provider of corporate payment solutions. For the last year, GasBuddy has also been assembling management, technology, engineering and operations talent from the likes of PayPal, Cumberland Farms SmartPay and Heartland Payment Systems to commercialize secure consumer payments technology.
Consumers save on every gallon of gas, up to $340 per year, when they combine Pay with GasBuddy with the GasBuddy smartphone app.
To sign up, consumers visit pay.GasBuddy.com or download the free GasBuddy smartphone app. Users then connect a valid checking account to Pay with GasBuddy and are sent a prepaid card in the mail. The card can be topped up via the linked account using the mobile app.
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