Pay-at-the-pump limits are the direct result of customer feedback, as well as Comdata’s commitment to continued innovation, said Randy Morgan, executive vice president of Comdata.
Brentwood, TN (PRWEB) April 23, 2013
Comdata Corporation, a recognized leader in payment innovation, has introduced pay-at-the-pump limits for its MasterCard Corporate Fleet Card customers. This new functionality provides the fleet industry with the widest network for pump shut-off limits and controls, designed to help fleets better manage fuel expenses, reduce purchase declines and improve security.
Pay-at-the-pump limits allow Comdata to send transaction limit information to participating merchants, enabling automatic pump shutoff when the approved dollar amount is reached.
These new limits offer additional protection against fraud and misuse. The enhancement also creates an improved cardholder experience and allows for the completion of transactions that may have previously been declined. Moreover, because the process is automated with nearly 90 percent of merchants participating, it requires little or no system change for the merchant, Comdata fleet customers or the cardholder.
“Pay-at-the-pump limits are the direct result of customer feedback, as well as Comdata’s commitment to continued innovation,” said Randy Morgan, executive vice president of Comdata. “Our fleet customers see these limits as a valuable tool to help manage their fuel transactions and expenses more effectively.”
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 healthcare, fleet, corporate payment, virtual card, and prepaid solutions to over 25,000 customers. Comdata captures and reports detailed transaction data, giving customers unprecedented control over their expenses. In 2012, Comdata joined forces with Stored Value Solutions (SVS) to offer an expanded suite of prepaid gift card and loyalty solutions. Annually, the combined company produces 580 million cards. Founded in 1969 and headquartered in Brentwood, Tennessee with more than 1,200 employees in the United States and Canada, Comdata and SVS are wholly-owned subsidiaries of Ceridian Corporation.
MasterCard is a registered trademark of MasterCard International Incorporated.