AUSTIN – Gas stations in this area are piloting a new payment system that allows customers to use their driver’s licenses as a debit card.
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The National Payment Card links the magnetic stipe on a driver’s license directly to their credit union or bank account, allowing them to use the license to pay for gas.
NPC started piloting the program in January and plans a broader roll-out next month. Although only 24 states issue licenses with magnetic stripes, NPC said it can provide e-payment functionality to a chain’s existing loyalty cards. Merchants benefit from the transaction because they bypass the Visa and MasterCard systems, thus saving on interchange fees.
