Consumers should soon be able to use their MOST automated teller machine cards to buy gasoline at Exxon stations in Maryland, according to Internet Inc., the operator of the MOST network.
Internet, which is based in Reston, Va., has reached an agreement with the giant oil company and C&S/Sovran Corp. to offer point-of-sale service at Exxon stations, according to Richard G. Lyons Jr., a spokesman for Internet. C&S/Sovran is the bank that will handle the transactions.
The system, called POS for short, allows customers to use their MOST ATM cards to buy gasoline and other products. The payment is electronically deducted from their bank accounts. Some banks charge a fee for this service.
POS will be available at all 800 Exxon stations in the MOST network in Maryland, Virginia, Delaware, West Virginia, Tennessee, Kentucky, and Washington, Lyons said. While the system is limited to a test basis now, it will be in full operation after Oct. 1, he said.
"This is a dramatic extension of POS service for us," Lyons said. "It will increase the momentum."
Les Rogers, a spokesman for Exxon, said the company sees POS "as a convenience for the customer."
Exxon, which participates in seven other debit-card systems, has several years of experience with POS. "We have found this to be well-received by our customers because using the bank card gives them the cash price," Rogers said.
Exxon is the second oil company to offer POS service in Maryland. Mobil Oil Corp. has offered the service for six years in 25 states as part of its credit card processing system.
"It has been very successful so far," said Michael B. Park, manager of POS-debit cards for Mobil.