Phillips 66 Adds Mobile ACH Debit

Article

Phillips 66 Adds Mobile ACH Debit

Phillips 66, Conoco, and 76 branded retail gasoline locations will offer consumers a mobile phone-based debit payment product beginning January 2018 that will link to their checking account through the automated clearing house (ACH) network. Technology supporting the program will be provided by P97 Networks and Buy It Mobility Networks (BIM). There will not be a plastic card companion to the mobile wallet product. The branded apps for Phillips 66, Conoco, and 76 will share space in a mobile wallet that will also hold the Chase Pay app. With that app, consumers could pay for their purchase w...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

Nilson Report

1119

November 2017

Headlines in this Issue

Charts in this Issue

Payment Cards in the U.S.

U.S. Credit and Debit Card Purchase Volume Projected

U.S. Credit and Debit Card Purchase Transactions Projected

U.S. Credit Card Purchase Volume Market Shares

Outstandings on U.S. Credit Cards

U.S. Debit Card Purchase Volume Market Shares

U.S. Credit and Debit Cardholders

U.S. Credit and Debit Number of Cards

U.S. Credit and Debit Number of Accounts

U.S. Credit and Debit Total Volume

U.S. Credit and Debit Total Transactions