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ChevronTexaco Lowers Credit and Debit Card Processing Fees for Summer Driving Season; ChevronTexaco Also Introduces Programs for New Consumer Credit Card Customers.


SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, Calif. -- ChevronTexaco's Credit Card Enterprises (CCE CCE Cornell Cooperative Extension
CCE Corporate and Continuing Education
CCE Coca-Cola Enterprises Inc.
CCE Commission de Coopération Environnementale
CCE Centre for Continuing Education
CCE College of Continuing Education
CCE Certified Computer Examiner
) today announced it will reduce processing fees for retailers and marketers on credit and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  purchases made between June 1, 2005 and August 31, 2005. All charges on electronic third party credit and debit cards, including Visa, Mastercard, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Discover, Diners Club Diners Club International, originally founded as Diners Club, is a credit card company formed in 1950 by Frank X. McNamara, Ralph Schneider and Casey R. Taylor. When it first emerged, it became the first independent credit card company in the world. , WEX v. t. & i. 1. To grow; to wax.
imp. 1. Waxed.
n. 1. Wax.
 and Voyager, made at Chevron or Texaco service stations will receive a .10 percent reduction in processing fees. There are no processing fees charged on electronic Chevron and Texaco card transactions. Manually processed transactions are not eligible for the fee reduction.

"We are listening to the needs of our marketers and retailers in bringing relief from higher fees due to the increased demand during the summer coupled with the current volatility of the marketplace," said Danny Roden, vice president for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  Marketing for ChevronTexaco. "We are very proud to hold the highest credit card market share of any proprietary oil company credit card. Our retailers and marketers also enjoy the lowest total cost of credit in the industry. We are dedicated to providing our customers with the highest quality credit card processing services at a competitive rate."

In addition, CCE will introduce a proprietary credit card program for new consumer credit card customers beginning this summer.

$30 Cash Back Credit Card Promotion

Under the new Credit Card Acquisition Program, new consumer cardholders can earn up to $30 in fuel credits. If the customer is approved for a new Chevron and Texaco proprietary card and uses the card to purchase a minimum of eight gallons twice during their billing cycle Billing cycle

The time elapsed between billing periods for goods sold or services rendered.
, they will earn a $5 credit per month for up to six months. The program will take place in July and August of 2005 and will be supported by a series of marketing and communications programs, including direct mailers and point of purchase displays on site.

"Triple Your Awards" Program

CCE has established a program to help grow their credit card base by providing awards to stations for credit card approvals. The standard program is $5 per consumer credit card approval. CCE will launch the Triple Your Awards program by paying stations a $15 award for consumer credit card approvals during the months of July and August in 2005.

ChevronTexaco Corp. is one of the world's leading energy companies. With more than 47,000 employees, ChevronTexaco subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing and distributing fuels and other energy products. Credit Card Enterprises is a division ChevronTexaco is based in San Ramon, Calif. More information on ChevronTexaco is available at www.chevrontexaco.com
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 29, 2005
Words:440
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