P97 Networks
P97 Networks provides a cloud-based mobile commerce and digital marketing platform enabling fuel payments, loyalty, and customer engagement for convenience retailers, fuel marketers, EV charging, and fleet operators in North America.
- Company typePrivate
- Founded2012
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
P97 Networks firmographics
Firmographics- Name
- P97 Networks
- Legal name
- P97 Networks
- Website
- https://p97.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- P97 Networks provides a cloud-based mobile commerce and digital marketing platform enabling fuel payments, loyalty, and customer engagement for convenience retailers, fuel marketers, EV charging, and fleet operators in North America.
- Ownership category
- akta.pro rank
P97 Networks industry classification
Industry- Product category
- Mobile Commerce Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)
- akta.pro secondary industry
- Mobile POS (mPOS) Devices & Handheld Terminals (HDACAKAB)
Keywords
Where P97 Networks is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
P97 Networks business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Mobile Commerce Platform Services: P97 operates a cloud-based mobile commerce and digital marketing platform for the convenience retail sector, enabling fuel payments, discounts, and customer engagement. Revenue is generated through transaction fees and platform licensing to fuel retailers and convenience stores.
- Payment and Loyalty Solutions: Provides payment processing and loyalty program solutions to mobility-focused retailers including convenience retail, energy, and transportation markets. Revenue derived from transaction-based fees on payments processed and loyalty program services.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
P97 Networks product offering
Product offeringCore offering
P97 Networks provides a cloud-based mobile commerce platform that enables fuel payments, digital marketing, customer engagement, and loyalty program delivery for convenience retailers and the transportation sector. The platform supports interoperable payment ecosystems across the convenience retail, energy, and automotive industries, addressing mobile commerce needs at fuel pumps where NFC infrastructure is limited.
Differentiator
Problem solved
Functional benefit
Products and services
- Mobile Commerce Platform
Quantifiable outcome
- Over 40 million daily US transactions at the pump
- +2 more outcomes
Companies that use P97 Networks
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
P97 Networks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
P97 Networks partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship.
- PDI TechnologiesflagshipP97 Networks was acquired by PDI Technologies. PDI Technologies is a comprehensive provider of solutions for convenience retail, petroleum wholesale, consumer packaged goods, carriers and haulers, and restaurant/retail sectors. P97's mobile commerce capabilities are integrated into PDI's broader platform including loyalty, payments, fleet payments, and offer network solutions.
- Chase PayflagshipChase partnered with P97 Networks to launch Chase Pay mobile payments at gas stations and convenience stores. P97 enables mobile payments where less than 1% of pumps have NFC readers. With 16% of credit/debit spending occurring at gas pumps and 40 million daily US transactions, this partnership addresses a significant market opportunity by enabling payments where competing services cannot function.
Scale indicators6 records
P97 Networks competitors and assessment
Company assessmentBroad incumbents
- PDI Technologies: PDI Technologies is the parent company of P97 Networks following acquisition. It is a comprehensive provider of solutions for convenience retail, petroleum wholesale, CPG, carriers, and restaurants, offering loyalty, payments, fleet payments, and offer network solutions. PDI is the most directly comparable entity as it owns and operates P97's capabilities within a broader enterprise software portfolio for the same end customers.
- NCR Voyix: NCR Voyix (formerly NCR Corporation) provides enterprise POS, payments, and retail technology for convenience retail and fuel operators. Its cloud POS and payment solutions compete directly with P97's mobile commerce and loyalty offerings for the same convenience retail and fuel customer base.
- Ingenico (Worldline): Ingenico, now part of Worldline, is a leading global provider of payment terminals and POS acceptance hardware and software. Its unattended payment solutions for fuel pumps and self-service kiosks directly compete with P97's mobile payment and SoftPOS offerings at convenience retail and fuel retail locations.
- Verifone: Verifone is a major provider of payment terminals and payment-as-a-service solutions, including unattended forecourt payment devices at fuel pumps. It serves the same convenience retail and fuel retail customers and overlaps with P97 on payment acceptance at the pump.
- Block (Square): Block, parent of Square, provides mobile POS, payment processing, and software solutions for small and mid-sized merchants. While Square's core market is SMB retail and food service, its payments stack and Cash App wallet overlap with P97's mobile commerce and loyalty offerings in adjacent segments.
- PayPal: PayPal operates a global digital wallet and payment processing platform that competes with P97's mobile payment capabilities. PayPal's Honey platform and Braintree processing overlap with P97's payment, loyalty, and offer network modules for digital marketing and consumer engagement at retailers.
- Heartland Payment Systems (Global Payments): Heartland, part of Global Payments, is a large payment processor and POS technology provider serving retail, hospitality, and fuel merchants. Its fuel-specific payment solutions and enterprise processing capabilities overlap with P97's payment processing and SoftPOS offerings for convenience retail customers.
Direct peers
- WEX Inc. WEX is a leading provider of fleet payment solutions and fuel cards for commercial fleets. P97's Fleet Payments module and fleet management segment directly compete with WEX's core fleet card and payment acceptance business across similar customer use cases.
- Fleetcor Technologies: Fleetcor (including Comdata) is a major provider of commercial payment solutions, including fuel cards, fleet cards, and payment networks. It competes directly with P97's fleet payment use cases and serves overlapping fleet operator customers with comparable fuel-card and expense management functionality.
Emerging players
- Toast: Toast is a cloud-based POS and payments platform focused on restaurants, with growing enterprise reach and recently expanded into adjacent retail verticals. While its primary focus is restaurants, its payments and loyalty capabilities are increasingly relevant for the convenience retail and fleet/retail hybrid segments where P97 and PDI operate.
Market position
Customer concentration
P97 Networks social profiles
Digital presenceP97 Networks financial estimates
Financial estimateRevenue estimate
Valuation estimate
P97 Networks leadership team
Management profileNumber of profiles
P97 Networks funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
P97 Networks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about P97 Networks
What does P97 Networks do?
P97 Networks provides a cloud-based mobile commerce platform that enables fuel payments, digital marketing, customer engagement, and loyalty program delivery for convenience retailers and the transportation sector. The platform supports interoperable payment ecosystems across the convenience retail, energy, and automotive industries, addressing mobile commerce needs at fuel pumps where NFC infrastructure is limited.
Is P97 Networks a public or private company?
P97 Networks is a private company. It is classified as corporate owned and is currently acquired.
When was P97 Networks founded?
P97 Networks was founded in 2012. It employs 101 to 250 people.
Where is P97 Networks based?
P97 Networks is headquartered in Houston, United States, in the North America region.
How does P97 Networks make money?
Two revenue lines are on record. Mobile Commerce Platform Services are the primary driver. The others are payment and Loyalty Solutions.
Who are P97 Networks's main competitors?
Broad incumbents on record are PDI Technologies, NCR Voyix, Ingenico (Worldline), Verifone, Block (Square), PayPal and Heartland Payment Systems (Global Payments). Direct peers are WEX Inc. and Fleetcor Technologies. Toast is listed as an emerging player.
Does P97 Networks have an API?
No public API is recorded for P97 Networks.
What industry is P97 Networks in?
P97 Networks's product category is Mobile Commerce Platform. Its primary akta.pro industry code is FSAGABAO, POS, SoftPOS & In-Person Acceptance Infrastructure, with a secondary code of HDACAKAB, Mobile POS (mPOS) Devices & Handheld Terminals. Its NAICS code is 518210 and its SIC code is 6199.