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Comdata Launches Cardless Fueling Program for Fleets
Comdata’s
New Solution Offers a More Secure, Less Expensive, and Card-Free Way for Drivers
to Fuel
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.
Love's
Travel Stops, operator of 215 Travel Centers nationwide, recently announced a
rollout of RFID equipment which will be compatible with Comdata's cardless
program.
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
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