EzFill To Launch Streamlined Payment System

Rhea-AI Summary

EzFill Holdings has announced the launch of EzFill Pay, a new payment system to enhance its mobile fueling service by allowing drivers to order and pay for gas without needing to download an app. This initiative aims to support the opening of pop-up gas stations in strategic locations across South Florida, including downtown Miami. The first pop-up event was held for a real estate developer, with plans for public launches in areas with limited gas station access. The company positions itself to capitalize on the growing $50 billion pop-up marketing industry.

Positive

• Launch of EzFill Pay enhances customer convenience for fuel payments.
• First pop-up gas station successfully operated at a corporate event.
• Strategic locations for pop-ups in areas with declining gas station availability.

Negative

• None.

Simplified Payment to enable EzFill’s Innovative Pop-Up Gas Station Concept

MIAMI, FL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the mobile fuel industry, announced that it is launching EzFill Pay, a new simplified way for drivers to order and pay for gas. The new payment system will enable EzFill to open “pop-up” gas stations at parking lot locations in all of its service areas. EzFill Pay is a streamlined payment system which will allow drivers the ability to pay for fuel without having to first download the app.

EzFill’s Pop-up gas stations will be utilized as a marketing tool and an innovative way to bring gas to our customers in South Florida. Potential customers will have the opportunity to experience the convenience of EzFill mobile fueling and may do so with our newest payment feature: EzFill Pay, an easy-to-use one-time payment system. Payment will be completed using a simple link, where customers will enter payment information. Business owners, property managers, and even residential customers will have the ability to book EzFill trucks for private events such as holiday parties and marketing events.

EzFill’s first pop-up took place yesterday at an employee appreciation event for Florida based real estate developer, Turnberry. EzFill expects to launch its first public pop-ups at three parking lots in downtown Miami, right across from the home arena of the Miami Heat, where most gas stations have closed and few gas stations remain.

Mike McConnell, EzFill Chief Executive Officer, commented, “The pop-up industry has become an essential element of consumer marketing, with research from the American Marketing Association valuing the industry at $50 billion and growing. We believe that our pop-up stations will be a cost-effective opportunity for us to get our brand in front of the actual fuel purchasers, in a way that highlights the convenience and efficiency of the EzFill service. The simplified payment system will be seamless and hassle-free, illustrating the cutting-edge nature of EzFill’s user technology. We look forward to the success of our first pop-ups and similar ventures in the future.”

About EzFill

EzFill is a leader in the fast-growing mobile fuel industry, with the largest market share in its home state of Florida. Its mission is to disrupt the gas station fueling model by providing consumers and businesses with the convenience, safety, and touch-free benefits of on-demand fueling services brought directly to their locations. For commercial and specialty customers, at-site delivery during downtimes enables operators to begin their daily operations with fully fueled vehicles. For more information, visit www.ezfl.com.

With the number of gas stations in the U.S. continuing to decline, corporate giants such as Shell, Exxon, GM, Bridgestone, Enterprise, and Mitsubishi have recognized the increasing shift in consumer behavior and are investing in the fast growing on-demand mobile fueling industry. As the only company to provide fuel delivery in three vertical segments - consumer, commercial, and specialty including marine, we believe EzFill is well positioned to capitalize on the growing demand for convenient and cost-efficient mobile fueling options.

Forward Looking Statements

This press release contains “forward-looking statements” Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.

Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Investor and Media Contact:
Tradigital Investor Relations
John McNamara
john@tradigitalir.com

FAQ

What is EzFill Pay and how does it work?

EzFill Pay is a simplified payment system launched by EzFill that allows drivers to order and pay for gas without downloading an app.

What is the purpose of EzFill's pop-up gas stations?

The pop-up gas stations are designed to market EzFill's services and provide convenient access to fuel in areas with few existing gas stations.

When did EzFill launch its first pop-up gas station?

EzFill launched its first pop-up gas station on December 14, 2022, at a corporate event.

Where are EzFill's upcoming pop-up stations located?

Upcoming pop-up stations are planned for three parking lots in downtown Miami.

How does EzFill plan to attract customers to its pop-up stations?

EzFill will attract customers by offering a hassle-free payment option through EzFill Pay and showcasing the convenience of mobile fueling.