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Relay Payments expands: Circle K becomes third largest user
Yahoo Finance· 2025-09-12 14:55
Core Insights - Relay Payments has secured its third-largest customer, Circle K, to accept its payment system at truck-accessible locations, expanding its reach significantly [1][2] - The addition of approximately 500 Circle K outlets will increase the total number of locations accepting Relay Payments to over 3,000 [1] - Circle K is now positioned as the third-largest company using Relay Payments, following Pilot Flying J and Love's Travel Centers [2] Company Expansion - The new partnership focuses on "high flow diesel sites," specifically designed to service trucks, rather than general convenience store outlets [3] - Relay Payments aims to streamline the onboarding process for new merchants, with larger customers taking about four and a half weeks to set up, while smaller merchants can be operational in under a month [4] User Base and Functionality - The Relay Payments system supports over 500,000 drivers and carriers nationwide, although the exact number of app users remains undisclosed [4] - The payment system operates through a mobile app, differentiating itself from traditional fuel cards and check-based payments, thus addressing the growing issue of fraud in the industry [5]