Mina Gorgyos

Gas stations are a very complex business to start due to the many regulations and taxes they encounter. Here we’ll break down the different types of permits and licenses you may need, along with sharing some resources to help get you started. Let’s get started and see which licenses to consider when starting a gas station . Federal Licensing The Environmental Protection Agency (EPA) closely regulates gas stations and has special rules about the Underground Storage Tanks (UST) used to store fuel. State Licensing Every state has strict regulations on selling fuel. Many states have specific licensing, sales tax registrations, and rules from the state Fire Marshal and state Environmental Protection Agency for gas stations. Some states like New Jersey and Oregon have laws that allow only an attendant to pump gasoline. Other states don’t have these regulations. Here are examples of a few states with their licensing and regulations: To be registered a...

Like most retail sectors, gas station convenience stores are undergoing rapid market change. Fuel and convenience stores (c-stores) need to adapt to an increasingly mobile population, new technology and shifting consumer behaviors. Today’s retailers are challenged by an increasingly decentralized payments infrastructure; limitations imposed by service providers; and regulatory complexities of managing face-to-face payments across different channels and countries. Read on for 5 key trends worth knowing about the gas and convenience store industry. 1. EMV mandates & charge backs The U.S. Payments Forum released a market snapshot showing the state of EMV chip adoption in the United States in 2019. The report showed that the technology is now well-established in the U.S. with 63% of in-store payment terminals being chip-enabled, and 68% of total transactions being chip-on-chip. “While POS terminals (traditional/ fixed) show high current investment in...