Comdata Launches Cardless Fueling Program for Fleets
Brentwood, TN — August 30, 2011 — Comdata Corporation, a leader in electronic payment innovation, introduces a new cardless fueling solution for travel centers and transportation companies. The program provides a faster, more efficient way for drivers to fuel, while giving transportation companies even more options to control the fuel-purchasing process.
The cardless program uses radio frequency identification (RFID) technology to initiate transactions at the fuel terminal, instead of requiring the presence of a card to facilitate the process. Companies install RFID tags in each of their vehicles that activate fuel terminals at approved RFID-equipped locations as the vehicles pull alongside them.
By the time the driver steps out to the pump, the purchase has been authorized according to specific controls established for his or her vehicle. This streamlined process allows drivers to spend less time at the pump since the RFID tag eliminates most, if not all, of their data entry tasks. As a result, the program simplifies the overall fuel-purchasing process by automating the transaction for drivers, expediting the authorization, and reducing the chances of fraudulent purchases being made on a card.
“Increasingly, transportation companies are looking for innovative programs that make their business more efficient and secure,” said Steve Stevenson, Comdata president. “Our new cardless program delivers both, offering convenience to keep their trucks moving and control to mitigate their risk of fraud.”
The cardless program utilizes the Fuel Island Manager platform from QuikQ, a software development company that specializes in technology for the transportation industry. As the exclusive marketer of the program, Comdata will install and support the Fuel Island Manager platform for participating merchants.
About Comdata Corporation
Comdata Corporation is a leading business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, the company provides fleet, corporate payment, virtual card, and prepaid solutions to over 30,000 customers. There are more than seven million Comdata Cards, enabling more than $31 billion in transactions annually. Comdata captures and reports detailed transaction data, giving customers unprecedented control over their expenses. Founded in 1969 and headquartered in Brentwood, Tennessee with more than 1,000 employees in the United States and Canada, Comdata is a wholly-owned subsidiary of Ceridian Corporation. www.comdata.com
About Ceridian
Ceridian is a leading global business services company that provides reality-based KnowHow to take the guesswork out of impacting your organization's bottom line. From human resources and benefits to productivity and payroll services, we help organizations maximize their human, financial and technology resources. As a leader in payroll outsourcing, gift cards and corporate expense management, we're the driving force in payment innovation. Whether we're partnering with you to save money, grow your business, enhance operations or minimize financial risks we provide the insights and solutions that ensure your success. www.ceridian.com
About QuikQ
QuikQ is a privately held software development company based in Franklin, Tennessee. The firm and its employees are dedicated to utilizing 21st century technologies to improve the trucking industry's control of diesel fuel transactions by connecting carriers with truck stops and travel plazas. www.quikq.com