Speedpass
Keychain radio-frequency identification / From Wikipedia, the free encyclopedia
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Speedpass was a keychain radio-frequency identification (RFID) device introduced in 1997 by Mobil (which merged with Exxon to become ExxonMobil in 1999) for electronic payment. It was originally developed by Verifone. By 2004, more than seven million people possessed Speedpass tags, which could be used at approximately 10,000 Exxon, Mobil and Esso gas stations worldwide.
Quick Facts Product type, Owner ...
Product type | Radio-frequency identification |
---|---|
Owner | ExxonMobil |
Country | United States |
Introduced | 1997; 27 years ago (1997) |
Discontinued | 2019; 5 years ago (2019); name still continues as an application as Speedpass+ in Canada and as a functionality on the Exxon Mobil Rewards+ application in the United States |
Previous owners | Mobil (1997–99) |
Website | esso.ca/speedpass |
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Speedpass was one of the first widely deployed consumer RFID payment systems of its kind, debuting nationwide in 1997 far ahead of VISA and MasterCard RFID trials.