Abstract: The invention provides an island transaction terminal having a receiver for requesting purchases of fuel at a specified dispensing fuel pump, a receiver for receiving payments for such fuel purchases in the form of money or money equivalent and a signal emitter for emitting a first payment signal containing information regarding the amount of payment received, the form of payment and the specified dispensing pump for which each fuel purchase is requested. The island transaction terminal has a vertical bore so that the island transaction terminal can be securely affixed to a rigid post by attaching the island transaction terminal around the post, such that the post is disposed within the bore.

Abstract: A system for transacting fuel purchases. A plurality of fuel dispensing pumps are interconnected to an island transaction terminal through a central master terminal. Each fuel dispensing pump comprises an independent fuel dispensing nozzle. Storage is provided for storing fuel dispensing pump reservations. A processor determines whether one of the plurality of fuel dispensing pumps is already reserved. A money acceptor and a money equivalent acceptor receive payment of money and a money equivalent, respectively. The central master terminal verifies the payment. An enabler enables the requested fuel dispensing pump to dispense fuel using a remote signal to the requested fuel dispensing pump upon verification of the payment by the central master terminal.