Shipley In The News

Shipley Energy invites customers to start a credit card revolution


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For Immediate Release - March 14, 2008

 

YORK, PA and ST. PETERSBURG, FL - Shipley Energy today announced that it has become the first energy company to offer a co-branded RevolutionCard™, which plans to periodically boast valuable incentives for consumers when they use their RevolutionCard for qualifying Shipley Energy purchases.

The RevolutionCard™ is a new, PIN-based credit card. With no interchange fees and a transaction processing fee of only 0.50 percent, the card helps merchants, like Shipley Energy, build merchant-centric incentive programs. And since PIN significantly reduces chargeback and fraud risk, merchants also benefit from reduced costs.

Because RevolutionCard™ eliminates costly interchange fees, Shipley Energy can pass the savings back to its customers who are RevolutionCard™ holders in the form of periodic promotional offers and incentives, such as:

• A 10-cents per gallon discount at the pump on any gas purchase at a Tom’s Convenience Store location when using a Shipley Energy RevolutionCard;*

• A $100 credit** provided to new home heating oil or propane customers who pay with the Shipley Energy RevolutionCard; and

• A $100 credit for every home heating oil or propane customer referred that becomes a Shipley customer.

“Traditional and even online credit card companies have been charging what adds up to billions of dollars in fees every year. The fees ultimately come out of consumers’ pockets,” said Jason Hogg, Revolution Money President and CEO. “The RevolutionCard uses technology to drastically reduce these fees and create savings for merchants and consumers.”

“The RevolutionCard is an outstanding advantage that Shipley Energy is pleased to offer our customers,” said William Shipley III, president of Shipley Energy. “Customers who pay their energy expenses using their RevolutionCard will be presented with various opportunities to enjoy numerous benefits and cost savings on qualifying purchases. Shipley Energy is delighted to partner with Revolution Money and extend this opportunity in central Pennsylvania.”

“In this time of skyrocketing energy costs, our partnership enables Shipley Energy to put money back into their customers’ wallets, building significant customer loyalty in the process,” said Duncan Evans, SVP & General Manager of Retail Business of Revolution Money. “Shipley Energy has always worked to provide innovative means of credit to its customers and merchants. We’re extremely pleased that they recognize the benefits that RevolutionCard can help bring to merchants and ultimately to consumers. ”

Additional incentives that will be offered by Shipley to RevolutionCard holders include:

• Five free months of bottled water service, including a water cooler and two five-gallon bottles of spring water delivered per month for Yowza Bottled Spring Water Service customers;*** and

• A one-time $20 check for new natural gas customers or a $20 check for every natural gas customer referred that becomes a Shipley customer.***

“We are excited about offering our customers an innovative way to make their credit purchases easily and securely,” Shipley said. “We strive to provide consumers with the most state-of-the-art and convenient way of completing their purchases.”

Shipley Energy customers and other consumers can learn more about the RevolutionCard and its advantages as well as the periodic savings and promotions available to RevolutionCard holders by visiting the Shipley web site at www.myshipley.com. With a few simple mouse clicks, anyone can apply for a Shipley Energy RevolutionCard.
About Shipley Energy
Shipley Energy is completing its 78th year of service to central Pennsylvania. The company is the largest distributor of home heating oil in the region, as well as the major supplier of natural gas and bulk fuels such as oil, kerosene and propane. The Shipley Group also sells, installs and services heating, ventilation and air conditioning equipment; offers indoor air quality services, operates the Tom’s Convenience Store chain, and distributes Yowza Spring Water.

About Revolution Money
Launched in 2007, a new payment network – Revolution Money – was created to deliver significant value to both consumers and merchants through two new products, RevolutionCard™ and Revolution MoneyExchange™. The RevolutionCard eliminates costly interchange fees for merchants while simultaneously providing consumers with enhanced PIN-based security, identity protection and great merchant discounts and incentives. MoneyExchange is an easy and secure way to instantly make online payments to other accountholders for free. These products are leading the transformation of the payment industry by providing secure, easy, and instant payment solutions for everyone. St. Petersburg, Florida-based Revolution Money is part of the family of companies within Revolution LLC, which was founded by Steve Case to drive transformative change by shifting power to consumers.
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RevolutionCard issued by First Bank & Trust, Brookings SD (Member FDIC). Offer subject to credit approval, certain terms and conditions apply and/or the applicable expiration dates for the offers.
* Discount applied at gas pump.
** Credit applied to home heating oil or propane bill.
*** Customers must contact Shipley Energy at 800-839-1849. Offers good for new automatic energy and spring water customers in the Shipley Energy delivery area

About the RevCard
 
   
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