PACE Telematics, a leading provider of mobile payment solutions for the European gas station market, has achieved a significant milestone: enabling mobile payments at over 10,000 gas stations across 15 European countries. Partnering with renowned brands like Esso, JET, OMV, and TAMOIL, PACE’s Connected Fueling platform now forms Europe’s largest digital gas station network, solidifying its position as the market leader and underscoring the growing importance of mobile payment solutions in the industry.
The increasing use of smartphones, wearables, and in-car applications for payments is highlighted by the Visa Payment Monitor 2023, in collaboration with the opinion research institute forsa. According to a representative online survey of 1,700 people in Germany, nearly one in four (23 percent) now pay with their mobile phone or wearables, such as smartwatches, up from six percent four years ago. This surge is driven by the growing implementation and acceptance of mobile payment technologies, offering consumers convenience and efficiency. The Boston Consulting Group analysis names Norway, Denmark, and Luxembourg as European leaders in mobile payments.
PACE’s Connected Fueling platform enables mobile payments via app, wearable, or vehicle directly at the pump, marking it as the first provider to surpass the 10,000-station milestone. With a network spanning 15 European countries and over 1.3 million users, PACE has become the largest gas station network in Europe.
The Connected Fueling platform offers numerous advantages to gas station operators, fuel card issuers, app providers, and automotive manufacturers by facilitating mobile payments at the pump. Benefits include increased convenience through digital receipts, faster payment processing, and improved service due to shorter waiting times and reduced workloads for employees. Connecting to the platform is straightforward for gas station partners, utilizing the PACE interface “Open Fueling Site Connect” (OpenFSC), a free open-source API, and existing integrations with various POS system providers such as Fortech, Scheidt & Bachmann, and TSG Deutschland.
The innovative plug-and-play solution offered by the Connected Fueling platform allows gas stations, fuel and fleet card providers, mobility apps, and car manufacturers to digitize and establish their presence in the European market efficiently. While previous integration projects required significant investments for plastic fuel cards, fuel card partners can now operate across Europe swiftly and cost-effectively with a single platform integration. Fuel card issuers such as DKV, Esso, Hoyer, and LOGPAY are leveraging these benefits.
