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May 25, 2018

Comdata extends availability of automated payments solution to trucking industry

Payment processor Comdata has expanded the business to the trucking industry to enable all people associated with this segment to swiftly process digitised payments.

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  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
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The businesses can register to the Comchek Mobile to instantly pay for settlement, driver advances, lumpers, repairs and other requirements on the road.

Comdata president of North American trucking Greg Secord said: “From brokers to fleet managers to drivers, Comchek Mobile users have experienced the value of easily and securely receiving funds, managing balances and spending available balances in convenient ways.

“We’re excited to bring those same benefits to businesses that operate within the trucking industry, which can now easily receive and transfer payments and maintain their valuable business-to-business relationships.”

Introduced in the last year, Comchek Mobile has digitised Comdata’s paper Comchek and Express Code payment offering.

The system will assist the trucking industry to send, receive and use funds smoothly. All users will have a unique username to track and verify the transactions easily.

The businesses can attach a Comchek Mobile debit card to the smartphone app send or receive funds instantly from other individuals or associated parties.

Subsequently, the funds can be used through debit card for ATM withdrawals, bank transfers, point-of-sale purchases as well as avail discounted fuel and hotels at Comdata Proprietary Network locations.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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