the present invention is directed to a fuel dispenser system and a system for managing dispenser systems . the system comprises of at least one fuel dispenser having a peripheral , a point of sale terminal for initiating dispensing transactions and for controlling the peripheral on the fuel dispenser and a processor connected between the point of sale terminal and the dispenser for translating commands between the point - of - sale terminal and the dispenser and for translating response between dispenser and the point - of sale terminal . the present invention also includes a managing processor communicating with each dispenser system for administering the activities of the dispenser system .