Regional gas station and convenience store chain Cumberland Farms has launched a new "SmartPay" mobile app that uses GPS to launch a PayPal account transaction and offers a five-cent-per-gallon discount for doing so.
The app can be launched at a supported Cumberland Farms location, and then GPS is used to determine where the user is. Once the user enters the pump number, the app automatically makes the payment and emails a receipt.
Some might argue that is perhaps a more-interesting use of "location-fixing" technology than near field communications.
Friday, March 30, 2012
PayPal, Gas Station Chain use GPS to Launch Mobile Payment
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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