“By combining spending with a single-card solution, companies can realize greater visibility and improved efficiency,” said Steve Stevenson, president of Comdata.
Brentwood, Tenn. (PRWEB) January 07, 2013
Comdata Corporation, a leader in payment innovation, today announced the expansion of its payment solutions into Canada. With its fleet card and corporate card solutions, Comdata offers Canadian-based companies access to programs with universal acceptance and real-time controls, similar to those widely used throughout the United States today.
The Comdata MasterCard provides a consolidated solution for managing fleet expenses, travel and entertainment spending, and purchasing. With the one-card program, companies eliminate the need for employees or drivers to carry multiple cards and remove the complexities and exposure of managing multiple programs. The new program features billing and settlement in Canadian dollars, as well as management of data for Canadian tax reporting. Additionally, Comdata offers bi-lingual customer support in English and French.
“Comdata has been serving companies in Canada for more than 15 years, and we are excited to now offer this expansion of our product offering that addresses specific needs,” said Steve Stevenson, president of Comdata. “By combining spending with a single-card solution, companies can realize greater visibility and improved efficiency.”
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 25,000 customers, enabling more than $31 billion in transactions annually. 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 enables $42 billion in payments volume and 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.