Payments

Citi Retail Services & ExxonMobil Unveil New In-App Mobile Feature for Speedpass+: 'Apply and Buy'

MEDICI

New streamlined credit card application process and savings on fuel purchases available at approximately 10,000 Exxon™ and Mobil™ locations nationwide

June 13, 2017 – Chicago – Citi Retail Services and ExxonMobil today announced new industry-leading functionality for the ExxonMobil Speedpass+™ mobile payment app that enables consumers to apply for the ExxonMobil Smart Card credit card directly through the app and begin saving on fuel purchases.

This “Apply and Buy” feature is available today to consumers nationwide through ExxonMobil’s Speedpass+ app, which can be downloaded through the Apple app store or Google Play and used at thousands of Exxon and Mobil stations. The new functionality leverages tools and security features provided by Equifax, the global information solutions company.

Citi Retail Services & ExxonMobil Unveil New In-App Mobile Feature: ExxonMobil's Speedpass+

“Citi’s Apply and Buy technology is a groundbreaking digital advancement for the fuel industry and will deliver convenient payment options and ongoing savings to drivers nationwide,” said Craig Vallorano, Head of Citi Retail Services. “ExxonMobil is an exceptionally innovative partner and we are excited to expand our relationship to include mobile payments.”

“Citi Retail Services, supported by Equifax, has helped us deliver this innovative mobile feature that allows consumers to quickly and seamlessly apply for a Smart Card, which will be automatically added as a payment option within the app once approved,” said Miguel Castillo, Americas payments marketing manager for ExxonMobil Fuels, Lubricants & Specialties Marketing Company.

Consumers who apply for a new ExxonMobil Smart Card by July 31 are eligible to save 20 cents on every gallon of Synergy™ fuel for the first two months from their account opening date. Following that, cardholders save six cents on every gallon of fuel purchased at all Exxon and Mobil locations in the US using either their Smart Card at the pump or within Speedpass+.

"It's been our pleasure to power this innovative partnership using our best-of-breed data and unique technology," said Lindsay Soergel, GM, Mobile and E-Commerce, Equifax.

Citi Retail Services delivers consumer and commercial credit card products, both private label and co-brand, to retailers and their clients across North America. Backed by the global power of Citi, the business serves nearly 90 million accounts for a number of iconic brands, including Best Buy, ExxonMobil, Macy's, Sears and The Home Depot. Citi Retail Services offers cutting-edge digital options, multi-channel retailing expertise and industry-leading data analytics capabilities that help retailers from a broad range of industries grow their businesses.

About Citi

Citi, the leading global bank, has approximately 200 million consumer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

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