
New alliances
Panasonic is joining P97 Networks, Microsoft and CGI at NACS 2013 to introduce a mobile commerce and behavioural marketing platform. The solution, dubbed PetroZone is for the convenience retail and fuels marketing industry.
This new alliance will combine the power of Panasonic’s portfolio of point-of-sale devices and deployment services with CGI’s Payment 360 Platform, Microsoft’s Dynamics AX Point of Sale, and P97’s PetroZone cloud based mobile commerce platform to provide the retail convenience and fuel marketing industry a fully integrated mobile payments and settlement platform for the future.
Moreover, the partnership provides major oil companies with a complete cloud based mobile commerce platform, allowing them to offer new mobile payment types, digital offers, integrated customer loyalty programs, and financial settlement solutions for their retail fuel distributors, wholesalers, and marketers.
Donald Frieden, chief executive of P97 Networks said: “The convenience and retail fueling industry wants to improve and expand their customer relationships and reward programs with mobile commerce and Panasonic is well positioned to serve our customers with their broad portfolio of technology devices and services.”
“PetroZone and next generation POS systems provide a unique opportunity for oil companies and convenience and retail fueling merchants to meet pending EMV requirements by refreshing their systems with new technologies that enable mobile commerce,” said Richard Elliott, Director, Food Services for Panasonic. “This will help accelerate the replacement of traditional transactional business with alternative payment methods and improved loyalty programs.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more