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PAY-AT-THE-PUMP TERMINALS FOR 2,000 MOBIL STATIONS

 FAIRFAX, Va., June 8 /PRNewswire/ -- Mobil Corporation (NYSE: MOB) said today it plans to have electronic payment systems at the pump at some 2,000 service stations by year-end.
 The electronic terminals, which enable customers to fill their tanks and pay for their gasoline all at one self-serve pump, can increase stations' sales volumes by five to ten percent, the company said.
 "This is time-saving technology which brings greater convenience to our customer and greater volume to the station," said Steve Pryor, vice president for U.S. fuels marketing. He said Mobil already leads the industry in the number of stations with payment terminals at the pump. More than half of Mobil's 3,500 company-owned stations will have the payment terminals by the end of the year.
 "For the most part, motorists see the purchase of gasoline as an interruption. They want to get in and get out of a station quickly," Pryor said. "Pay-at-the-pump meets this need better than anything."
 A Mobil survey showed the pay-at-the-pump process cuts the time of a gasoline purchase by half. The customer-activated terminals accept all major credit cards as well as approved bank ATM cards. Mobil's own telecommunications network links the service station terminals to the company's credit card processing center in Kansas.
 There are 8,500 Mobil-branded stations, including independently- owned stations, on the East Coast and in the Midwest, Texas, California and Arizona. Most of the pay-at-the-pump terminals are being installed at high-volume stations, where they are particularly effective.
 -0- 6/8/93
 /CONTACT: John Lord, 703-846-2500, for Mobil Corporation/
 (MOB)


CO: Mobil Corporation ST: Virginia IN: OIL SU: PDT

LR -- NY062 -- 6637 06/08/93 14:48 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
Words:278
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