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U.S. Bank Launches First Mobile Payment App for General Aviation

Pilots now can pay for fuel from their phones

MINNEAPOLIS--(BUSINESS WIRE)--Nov. 10, 2015-- Private and business aviation pilots can now pay for fueling and services directly from their phones with a new app from U.S. Bank Multi Service Aviation. MSA Pay, which went live this week, is the first mobile payment app in the general aviation space, designed specifically for the ordering, payment and back office needs of pilots.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151110005272/en/

MSA Pay saves precious time on the ground and in the back office. The app reduces paper and eliminates the otherwise cumbersome process of receipt and invoice tracking.

With MSA Pay, pilots can notify a Fixed Base Operator (FBO) of their arrival details, special needs and service requests prior to landing. The FBO performs the requested services, notifies the pilot when the plane is ready and sends the pilot an invoice to review and approve. Once approved, the app automatically emails a copy of the invoice to the pilot and to the pilot’s back office for final payment processing.

“Electronic invoicing via mobile device frees pilots to focus on clients rather than paper work,” said John Hardin, general manager of global transportation at U.S. Bank. “The ‘quick turns’ so vital to a pilot’s schedule become even quicker with MSA Pay. It’s a giant step forward for business aviation efficiency.”

The MSA Pay app provides both an automated reservation confirmation and the option for FBOs to add a personalized note for pilots before they arrive. The app can also be used for comprehensive flight planning and scheduling.

Pilots and their support teams can use MSA Pay to select destination FBOs; make, confirm, modify and cancel reservations; create pilot profiles; and review, approve, reject and pay invoices. U.S. Bank will continue to enhance MSA Pay over the next six to 12 months.

“MSA Pay brings convenience and payment security to pilots, their finance officers and the service providers on the ground,” said Dominic Venturo, chief innovation officer at U.S. Bank. “We understand their needs and have combined our experience in mobile and corporate payments to deliver a service to the aviation industry that was built with their needs in mind.”

The app is now available through the App Store on iPhone, iPad and iPod touch. It will be available through Google Play in early 2016.

The U.S. Bank Multi Service Aviation Card has been a leading card provider for aviation fuel and related services for more than 30 years. The card runs on the closed-loop Multi Service Aviation merchant acceptance Network that reaches around the world. U.S. Bank Multi Service Aviation helps organizations pay for aviation-related services, leverage discount fuel contracts, manage monthly aviation expenses and pay invoices online from anywhere while providing merchants with flexible and comprehensive processing solutions. Multi Service Aviation’s team of experienced and knowledgeable aviation professionals provide superior support service to merchants and account holders 24/7/365. More information is at usbpayment.com/aviation-solutions.

©2015 U.S. Bank National Association. All trademarks are the property of their respective owners.

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $416 billion in assets as of September 30, 2015, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,151 banking offices in 25 states and 5,001 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

Source: U.S. Bank

Bill Brady, U.S. Bank Corporate Communications
(612) 303-0731, bill.brady@usbank.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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