7-Eleven Launches Mobile Payment Tool

7-Eleven Launches Mobile Payment Tool
Easily accessible in the 7-Eleven app, 7-Eleven Wallet customers can securely load funds to use upon checkout.

Payments are expanding at 7-Eleven as the convenience store operator further embraces contactless transactions.

The retailer said it has launched an app-based mobile wallet that offers all customers — including those who would like to load cash — a true contactless, convenient way to pay nationally at participating U.S. stores.

Easily accessible in the 7-Eleven app, 7-Eleven Wallet customers can securely load funds to use upon checkout using cash, debit and credit cards, Apple Pay, Google Pay and prepaid 7-Eleven gift cards. Cash must be loaded in store at the register, while other payment methods can be loaded in the app. Better yet, the retailer said, 7-Eleven Wallet users are not charged any loading or transaction fees and incur no interest fees like credit cards charge.

"7-Eleven Wallet meets the needs of customers looking for convenient, contactless ways to shop and pay during this unprecedented global pandemic," said 7-Eleven President and CEO Joe DePinto. "Cash customers want to participate in the growing digital payment ecosystem. 7-Eleven Wallet gives them access to touchless payment along with deep value loyalty offers."

Built to be an easy, contactless way to pay, the 7-Eleven Wallet is just the latest feature in the 7-Eleven app. Members are able to earn and shop with points, get exclusive offers, redeem rewards for free merchandise and pay in one easy step, simply by scanning the barcode in the app. Customers using the company's Mobile Checkout shopping experience in select markets, or the Fuel Loyalty program at 7-Eleven branded gas stations to save money on gas in participating cities, can also take advantage of the 7-Eleven Wallet perks.

As an added bonus, first-time users will be able to earn 2,000 7Rewards points when they load $20 into their 7-Eleven Wallet for the first time for a limited time. 7Rewards members (all 40 million of them) can shop with points and convert these bonus loyalty points into dollars for instant savings upon checkout and redeem points on almost every item in participating stores, the retailer said. Each 1,000 points equals $1, and customers can convert up to 3,000 points ($3) per transaction. Loading those first $20 dollars gives customers another $2 to redeem on purchases in stores.

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