When it comes to filling up at the gas pump and making other everyday purchases, consumers are forgoing cash and using credit cards and debit cards. Retailers are upgrading their systems to keep up with changing payment trends, which is driving demand for payment service providers.

In an era in which cybersecurity is a top concern for users of credit cards, retailers and issuers are upgrading technology to help protect customers. Some businesses, such as gas stations, do not have the resources to create their own software and are buying fuel payment providers instead.

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