BPAMA hosting ‘Creating Competitive Advantage ’ webinar for BP Marketers
Atlanta GA.- Chris Santy, President, Patriot Capital Corporation, will address a webinar hosted by BPAMA for BP branded jobbers. Santy will discuss the EMV requirements facing gas retailers and C-store operators in 2015 and 2017. The webinar will be held January 12, 2015 at 3 PM EST.
Santy’s webinar will provide insights into the opportunities created by the upcoming EMV upgrades for both in-store POS (point of sale) and outside payments terminals (OPT’s), including gas pumps and car wash payment kiosks.
“Branded fuel jobbers have opportunities to gain a competitive advantage during the EMV upgrade cycle.” Jack Allard, Executive Director, BPAMA stated. “This webinar provides an opportunity for our Marketers to learn about both the state of capital markets and the investments required for the upcoming OPT EMV liability shifts.”
The webinar will include insights about current EMV upgrade paths by major equipment manufacturers, opportunities to enhance relationships between jobbers and fueling dealers, and the trade-offs of various forms of leasing and financing for gas pumps, point of sale and other fueling equipment.
The EMV deadlines that are driving upgrades for convenience store owners are:
- October, 2015, liability will shift to acquirers for domestic and cross-border counterfeit fraud card-present POS transactions if the merchant does not have an EMV-enabled POS device in use inside their C-Store.
- October, 2017, liability shift takes effect for transactions generated from automated fuel dispensers (AFD’s).
About BPAMA
The BP Amoco Marketers Association (BPAMA) is a trade association working with BP branded Marketers and BP to improve all of our member’s businesses. Representing jobber interests since 1974, BPAMA has evolved with the industry to meet our member’s needs. The Association’s goal is to bring tangible value to our membership through collaborative and strategic work between our Marketers and BP. BPAMA facilitates working committees, a convention, focus groups, and more, which bring Marketers and BP Management together to solve today’s industry issues.
For additional information, please visit www.bpama.com
About Patriot Capital Corporation
Patriot Capital specializes in enabling entrepreneurs to succeed by providing equipment financing to retailers in the convenience store and retail petroleum fueling industries. Working with our customers to enable them to optimize their capital structures, Patriot Capital is the leading provider of capital equipment financing and leasing to NACS (National Association of Convenience Stores) and SIGMA (Society of Independent Gasoline Marketers of America) members. For additional information about equipment financing or Section 179 tax deductions for capital equipment, please visit www.patriotcapitalcorp.com.
Patriot Capital is headquartered in Atlanta, Georgia.
Follow Patriot Capital on Twitter @PatriotCapital
About Chris Santy
Chris Santy, Managing Director of Patriot Capital, brings over 25 years of equipment financing and leasing experience focused solely capital equipment. A specialist in the Retail and Commercial Petroleum industry, Santy founded Patriot Capital to service the PEI, SIGMA and NACS industries needs for effective financing and leasing of equipment for convenience stores, gas stations and commercial fueling locations. Prior to founding Patriot Capital, Chris managed the Southeast Region for Tokai Financial Services, a division of Tokai Bank of Japan. Chris is a graduate of James Madison University. Since its founding, Chris and his experienced staff have grown Patriot from a small, regional financing organization to its current position as the largest equipment lender in the convenience store, jobber and commercial fuels industries.
Contacts
BPMA
Jack Allard Executive Director BPAMA
Phone: 912.598.7939
Email: jallard@bpama.com
Patriot Capital
Richard Browne, Vice-President Marketing,
Phone: 404.977.1251