Mastercard and Phillips 66 Drive Easier Payments with Masterpass

April 9, 2018

Masterpass will fuel faster and safer payments at the pump within
Phillips 66 Mobile App

PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard announced that Phillips 66 will integrate Masterpass into its
My Phillips 66 App later this year. Mastercard’s digital payment service
will enable Phillips 66 customers to simply and securely pay both at the
pump and in the convenience store within the My Phillips 66 App.

Masterpass securely stores all payment information, including card
details, shipping details, and payment preference – making the gas tank
the only thing consumers need to remember to fill.

“We are delighted to partner with Phillips 66 to reduce friction in
travel,” said Linda Kirkpatrick, executive vice president, U.S.
Merchants and Acceptance, Mastercard. “With the integration of
Masterpass into the My Phillips 66, My Conoco and My 76 apps, we will
enhance speed and security for consumers and allow them to fuel up and
get back to their day.”

Through the Phillips 66 Apps, Masterpass will soon be accepted at the
more than 6,500 Phillips 66, Conoco and 76 locations in the U.S, making
it easier to find a station, securely allow payment authorization and
receive rewards on the go.

“With Masterpass integrated into our Phillips 66, Conoco and 76 apps,
consumers will enjoy a simple and secure fueling experience,” said Rod
Palmer, General Manager, Marketing Services for Phillips 66. “Masterpass
will give our consumers more choice when buying gasoline and goods at
Phillips 66, Conoco and 76 branded sites.”

Masterpass is a digital payment service from Mastercard that enables
consumers to look no further than their own trusted bank to make fast,
simple and secure digital payments – across devices and channels –
anywhere they want to shop: online, in-app, and in-store. From everyday
purchases to memorable experiences, Masterpass makes shopping easier
than ever leveraging the most advanced methods of payment security
available today. For more information on Masterpass, visit www.masterpass.com.

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company.
With a portfolio of Midstream, Chemicals, Refining, and Marketing and
Specialties businesses, the company processes, transports, stores and
markets fuels and products globally. Headquartered in Houston, the
company has 14,600 employees committed to safety and operating
excellence. Using a network of branded marketers and dealers operating
approximately 7,500 outlets, its U.S. Marketing business supplies TOP
TIER® Detergent Gasolines under the Phillips 66®,
76® and Conoco® brands. For more
information about Phillips 66, visit www.phillips66.com
or follow us on Facebook at http://www.facebook.com/Phillips66Co.
For more information about the company’s U.S. fuel brands, visit
Phillips 66’s U.S.
Consumer Brands webpage.

About Mastercard

Mastercard (NYSE:MA), www.mastercard.com,
is a technology company in the global payments industry. Our global
payments processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries and
territories. Mastercard products and solutions make everyday commerce
activities – such as shopping, traveling, running a business and
managing finances – easier, more secure and more efficient for everyone.
Follow us on Twitter @MastercardNews,
join the discussion on the Beyond
the Transaction Blog and subscribe
for the latest news on the Engagement
Bureau.