Jenny Surane

Business, Technology, Fuel

Visa, Mastercard to Ease Rules, Allowing Stations to Raise Pump Limit

A driver returns a fuel nozzle to a gas pump at a Chevron gas station in San Francisco. A driver returns a fuel nozzle to a gas pump at a Chevron gas station in San Francisco. (Bloomberg News)

Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards.

Jenny Surane | Bloomberg News
April 1, 2022
Business, Technology, Fuel

Gas Stations Rush to Convert Fuel Pumps to Accept Chip Cards

Man refueling car Patrick T. Fallon/Bloomberg

Gas stations around the United States are rushing to upgrade fuel pumps to accept credit and debit cards with chips after Visa Inc. and Mastercard Inc. rejected a request to delay a looming deadline to complete the work.

Jenny Surane | Bloomberg News
January 7, 2020