Shell buys MSTS Payments as part of technology focus

By Editor


Shell Oil Company has acquired MSTS Payments and its Multi Service Fuel Card business from Multi Service Technology Solutions.

The Multi Service Fuel Card acceptance network and transaction processing platform provides Shell with a closed-loop payment network used by Commercial Road Transport (CRT) companies at thousands of truck stops in North America.

“This IT platform and acceptance network will help us deliver a customer experience that will translate to additional growth for Shell’s North America Commercial Road Transport business,” said Tim Murray, General Manager of Shell Commercial Road Transport, Sectors & Decarbonization.

MSTS Payments will operate as a subsidiary of Shell Oil Company and will remain based in Overland Park, Kan.  Aaron Decker, who led the Multi Service Fuel Card business for Multi Service Technology Solutions, will continue to do so as part of the MSTS Payments management team.

The investment in the Multi Service Fuel Card business includes growing market share in the fuel card space and creating synergies with Shell product offerings.

Shell plans to add services to enhance the customer experience and leverage its heavy duty diesel engine oil brand, Shell Rotella, to offer trucking fleets fuel-economy savings, extended-drain capability, enhanced engine cleanliness, and excellent wear protection.

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