Quote:
Originally Posted by Rusty
What if I pay cash at the station? This isn't costing Cumberland Farms anything so why can't I get the 10 cents a gallon discount.
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Someone using the Smart Pay, who would usually pay with a credit or debit, is saving Cumberland Farms at least .10 a gallon by using Smart Pay instead. Gas stations pay around 3% transaction fees for credit and debit purchases. Smart Pay is easy for the customer and the gas station recoups the transaction fees from people who use plastic. Much more people are paying at the pump or using plastic to buy everything from a pack of gum to a full tank of gas. Since your Smart Pay is connected to your checking account, there are no bank fees to Cumberland.
Cash is still king, but those who pay cash are not the ones costing the station bank fees. Cumberland's target is the plastic users.
I use mine right from my iPhone. I can use the app at the pump or inside to pay for items in the convenience store.